Trump's Fed Chair Pick Puts Bessent in the Crosshairs. What He Has to Lose.

Core Viewpoint - Scott Bessent has proposed candidates aligned with his vision of lower interest rates and increased cooperation with the White House, but this strategy may have unintended negative consequences [1] Group 1 - The candidates suggested by Scott Bessent are expected to support a monetary policy that favors lower rates [1] - There is a potential risk that this approach could backfire, leading to adverse outcomes for the economy [1] - The emphasis on cooperation with the White House indicates a strategic alignment between financial policy and governmental objectives [1]