🚨 Breaking News: Trump Shakes Up the Fed Game! 🇺🇸🔥
In a late-night political curveball, Trump drops Treasury Secretary Scott Bessent from the shortlist to replace Jerome Powell as Fed Chair.
Why? Bessent coolly responded, “I’m good where I am,” during a private chat — confirming he’s staying put at Treasury, as reported by CNBC.
🧠 So who’s next in line? Trump’s watchlist now includes:
🔹 Kevin Warsh – Former Fed insider
🔹 Kevin Hassett – Ex-White House economist
🔹 Plus two mystery names still under wraps 👀
Trump’s frustration with Powell is no secret — calling him a “numbskull” over rate cut delays. With Fed rates on pause and Governor Kugler suddenly stepping down, Trump sees an opening to test-drive a future chair before Powell's term ends in 2026.
Meanwhile, Bessent isn’t sitting idle — he’s steering U.S.-China trade talks with major tariffs set to hit August 12.
🌀 The Fed chessboard is shifting fast. Get ready for high-stakes moves.