#BREAKING TRUMP CONFIRMS BESSENT OUT OF FED CHAIR RACE 🇺🇸
Big twist in the macro game!
Donald Trump just revealed that Scott Bessent current Treasury Secretary is officially out of the race to replace Jerome Powell as Federal Reserve Chair.
👉 Trump says Bessent told him directly he wants to stay at Treasury.
That means one of the top names is off the board!
👀 What This Means:
🔹 The Fed Chair race is wide open again
🔹 Powell’s term ends May 2026 but Trump’s camp is already moving
🔹 Trump wants someone pro growth and pro rate cuts
🔹 Market may start pricing in dovish expectations sooner than expected
📊 Why It Matters:
Macro decisions like this can shake up markets fast including crypto.
Keep your eyes on sentiment, policy signals and who is next in line.
This could be the start of a major pivot in U.S. monetary direction