Trump is expected to announce his choice for the next Federal Reserve Chair soon, possibly before or just after the Davos meetings, and this uncertainty is keeping markets tense. Treasury Secretary Scott Bessent said the timing itself has become a key factor traders are watching closely.
Speculation grew after reports that Rick Rieder recently met with Trump, adding to talk about possible candidates. Bessent also stressed that if Kevin Hassett is not selected, it would simply reflect Trumpās personal decision, underlining how much control the President has over the process.
The stakes are high because the Fed Chair plays a central role in setting interest rates, managing liquidity, and shaping market confidence. Any hint of a shift toward looser or tighter policy could spark sharp moves across stocks, bonds, and crypto, which is why investors worldwide are monitoring every signal coming out of Washington./
