Bessent vets potential Powell successors; Trump's shortlist is staring to take shape
1. Tensions rise between Trump and the Federal Reserve over interest rate decisions. 2. Trump's target for a new Fed Chair includes candidates favoring rate cuts. 3. Candidates like Michelle Bowman support Trump's focus on regulatory reduction. 4. Potential changes in Fed leadership may influence market expectations and S&P 500. 5. Varying views on monetary policy may lead to market volatility in the short term.