Trump Promotes Bessent?
WASHINGTON, D.C. — President Donald Trump is making it crystal clear: the Federal Reserve needs new leadership—and Treasury Secretary Scott Bessent may be the man for the job.
In a powerful interview Monday, Bessent didn’t hesitate when asked if he’d replace Fed Chair Jerome Powell.
“I’ll do what the president wants,” Bessent told Bloomberg News, reaffirming his loyalty and alignment with Trump’s America First economic vision.
💸 Trump Ready to Fire Powell? Conservative Experts Say “It’s About Time”
With Powell’s term as chairman ending in May, speculation is swirling. The Fed’s reluctance to lower interest rates—despite sluggish inflation—has infuriated Trump, who’s demanded action to boost the economy, cut borrowing costs, and shield retirees and small businesses from global economic pressures.
Powell’s refusal to cut rates has led to months of rising tension. While the Fed worries about inflation, Americans are stuck with high credit card rates, mortgage strain, and sluggish savings growth.
“We should be at least two to three points lower,” Trump posted recently.
“Would save the USA $800 billion per year, plus. What a difference this would make.”
📉 Powell Under Fire as Inflation Inches Up… But Is It Really a Crisis?
Despite inflation ticking up slightly—from 2.3% in April to 2.4% in May—Trump’s team sees no reason to keep rates sky-high.
Meanwhile, Powell keeps delaying, saying he needs more data on tariffs. But American seniors, savers, and business owners are already feeling the pain.
“Powell’s termination cannot come fast enough!” Trump declared earlier this year.
🇺🇸 Trump’s Trade Agenda Works — 18 Countries Now Rushing to Cut Deals
Treasury Secretary Bessent also revealed that a wave of new trade deals is about to hit—proving that Trump’s tariffs are doing what D.C. insiders said was impossible.
“There’s going to be a flurry going into the final week,” Bessent said. “Countries are coming with offers they can’t believe.”
Veteran officials from Treasury, Commerce, and USTR say Trump’s strong-arm tactics are finally working. The world is waking up: if you want access to the U.S. market, you’ve got to play fair.
📈 S&P Hits Record Highs — Trump’s Tough Talk Sends Stocks Soaring
Despite media panic about Trump’s China tariffs, the S&P 500 just hit new all-time highs. Markets rallied again Monday after China confirmed details of a revised trade pact.
- Tariffs on Chinese goods now total 55%, including first-term measures
- Average U.S. tariff rate now at 14.1% — the highest in decades, protecting American jobs
🔍 Who Could Replace Powell?
Top contenders reportedly include:
- Scott Bessent, Treasury Secretary and economic hardliner
- Christopher Waller, current Fed board member
- Michelle Bowman, Fed Vice Chair of Supervision
- Kevin Hassett, top White House economic adviser
- Kevin Warsh, former Fed governor
⚠️ Bottom Line: Big Changes Coming Fast
President Trump has made it clear: the Fed must serve the American people, not globalist elites. Whether it’s interest rates, inflation, or trade, Trump is putting America First—and the results are undeniable.
Stay tuned. Big moves are coming.
