Rumors swirl that President Trump may replace Fed Chair Jerome Powell with Treasury Secretary Scott Bessent. While no official confirmation exists, the potential shift has investors wary and market volatility possible. 1st-hand sources remain silent on the subject but speculation is rampant within financial circles. If confirmed, this could significantly alter the direction of monetary policy and impact markets. The possibility has spurred interest from those looking for hints about how policy might change under a new leadership paradigm. Bessent’s focus on tax policy and digital assets suggests potential changes in regulatory frameworks. History shows that Fed Chair transitions can result in short-term market fluctuations, especially in the volatile crypto space. Experts suggest any confirmed change could lead to greater volatility for both traditional and cryptocurrency markets.