Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who he has criticized over interest rates.

Grant Cardone, the CEO of Cardone Capital, accused Federal Reserve Chairman Jerome Powell of causing the country’s “housing crisis.” Cardone argued that Powell’s policies have significantly impacted the housing market.

Rumors on social media claimed that US Fed Chair Jerome Powell might resign, but theres no proof. A betting site shows low chances of him quitting, and the Fed hasnt commented. This comes after Trump told Powell to cut interest rates,

Rumors of Jerome Powell resigning are unfounded as Trump applies pressure over rates. Bitcoin holds steady while markets watch for Fed signals.