The push for new Federal Reserve leadership is heating up. Senate Banking Committee Chair Tim Scott made clear his intention to fast-track the confirmation process for Trump's upcoming Fed chair nominee.

Scott emphasized the need for a central bank leader focused on American economic priorities rather than political considerations. The accelerated timeline signals potential shifts in monetary policy direction that markets should monitor closely.

Who controls the Fed matters for every asset class - from traditional finance to digital assets. Leadership changes at this level ripple through interest rate decisions, inflation strategy, and ultimately risk appetite across markets.