Scott Bessent’s Resignation Raises Concerns About Policy Stability Amidst Tariff Tensions

US Treasury Secretary Scott Bessent is contemplating resignation, citing disagreements with Trump’s tariff policies and a sense of isolation within the administration. His potential departure could significantly impact policy stability and financial market dynamics. 10% tariffs imposed across the board have fueled market volatility, leading to record low trading days for major indices like the Dow Jones and Nasdaq. The situation echoes historical patterns of resignation during economic turmoil, potentially impacting future policy decisions. Bitcoin’s price has also experienced volatility, trading at $82,843 amid growing uncertainty. Some experts suggest shifting investor focus towards decentralized assets may play a role in Bitcoin’s potential growth amidst these turbulent times.