According to @stocktalkweekly, the White House officially denied the Bloomberg report suggesting that Bessent is a contender for the next Federal Reserve Chair, confirming the information as false (source: @stocktalkweekly, June 10, 2025). This clarification removes immediate uncertainty regarding future Fed leadership, helping stabilize risk sentiment in both stock and cryptocurrency markets. Traders should note that the absence of leadership speculation may limit sudden volatility in Bitcoin and other digital asset prices, as monetary policy expectations remain anchored.