The post Trump May Consider Scott Bessent to Replace Jerome Powell as Fed Chair Amid Interest Rate Disputes appeared on BitcoinEthereumNews.com.

President Trump is reportedly considering Treasury Secretary Scott Bessent as a potential replacement for Jerome Powell as Fed Chair, signaling a significant shift in US monetary policy leadership. Trump has openly criticized Powell’s interest rate policies and threatened to remove him despite legal protections, highlighting tensions within US fiscal governance. According to COINOTAG sources, legal complexities surrounding Powell’s removal could lead to prolonged uncertainty in US financial markets. President Trump eyes Treasury Secretary Scott Bessent to replace Fed Chair Jerome Powell amid disputes over interest rate policies and legal challenges. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Trump’s Push to Replace Jerome Powell: Implications for US Monetary Policy The Federal Reserve plays a pivotal role in shaping US economic stability, making the leadership of its Chair a matter of national and global importance. President Trump’s reported consideration of Treasury Secretary Scott Bessent as a successor to Jerome Powell marks a potentially transformative moment in monetary policy direction. Powell’s current term extends until May 2026, but Trump’s dissatisfaction with his approach to interest rates—particularly the refusal to lower them—has fueled speculation about an accelerated leadership change. This move is unconventional, as Treasury Secretaries rarely transition directly to Fed Chair positions, but it underscores the administration’s urgency to align monetary policy with its economic agenda. Trump’s public threats to dismiss Powell despite statutory protections reflect a broader conflict between the…

---

Filed under: News - @ June 11, 2025 2:19 am