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![SimplyBitcoinTV Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1286277333712809989.png) Simply Bitcoin [@SimplyBitcoinTV](/creator/twitter/SimplyBitcoinTV) on x 128.9K followers
Created: 2025-07-16 17:32:06 UTC

BREAKING: Treasury Secretary Scott Bessent confirms a formal process to replace Fed Chair Jerome Powell is officially underway before his term ends in May 2026.

![](https://pbs.twimg.com/media/Gv_vYKiXAAAQaRr.png)

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**Related Topics**
[underway](/topic/underway)
[powell](/topic/powell)
[jerome powell](/topic/jerome-powell)
[jerome](/topic/jerome)
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[fed](/topic/fed)
[bessent](/topic/bessent)
[bitcoin](/topic/bitcoin)

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