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BTCC / BTCC Square / Global Cryptocurrency /
Trump Says Bessent Out of Fed Chair Race After Declining Role

Trump Says Bessent Out of Fed Chair Race After Declining Role

Author:
Global Cryptocurrency
Published:
2025-08-05 12:56:03
11
3
BTCCSquare news:

President Donald TRUMP confirmed that Scott Bessent is no longer in contention for the Federal Reserve Chair position. Bessent opted to remain in his current role, a decision Trump acknowledged with respect. The search for a new Fed Chair narrows as other candidates come under review.

The development brings clarity to one of the most consequential appointments in global finance. Market participants will watch closely for signals on monetary policy direction as the selection process advances.

|Square

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