President Trump is reshaping his economic team, and his potential replacement for Federal Reserve Chair Jerome Powell has sparked speculation and interest. Sources say that Treasury Secretary Scott Bessent is being seriously considered by the administration as a potential candidate for the job. This move comes at a time when the Fed’s decision-making process under current Chair Powell is facing increasing scrutiny from the president, who has publicly voiced his dissatisfaction with Powell’s reluctance to lower interest rates amidst economic uncertainty. While other names like Kevin Hassett and Christopher Waller are also in the running, Bessent’s experience as Treasury Secretary puts him at the forefront of potential candidates. Bessent’s name enters the Fed chair race amid a flurry of activity regarding Trump’s economic agenda. His role in shaping trade policy with China and leading efforts to reshape taxes highlights his expertise within this domain, potentially influencing the decision-making process for a new Fed Chair.