(ZeroHedge)—U.S. Treasury Secretary Scott Bessent confirmed on Tuesday that a “formal process” is underway to find a potential successor to Federal Reserve Chairman Jerome Powell.
In an interview with Bloomberg Surveillance, Bessent remarked, “There are a lot of great candidates, and we’ll see how rapidly it progresses.”
He also noted that it would be confusing for Powell to stay on at the Federal Reserve after his term as chair concludes.
Since last month President Donald Trump has intensified his criticism of Federal Reserve Chairman Jerome Powell, repeatedly accusing him of mismanaging monetary policy and calling for aggressive interest rate cuts.
Trump has argued that Powell is acting too slowly to respond to economic conditions and said, “Maybe I should go to the Fed… Am I allowed to appoint myself at the Fed? I’d do a much better job than these people.”
He has labeled Powell with a series of insults, calling him “stupid,” “too late,” “a numbskull,” and demanding the Fed slash rates by a full percentage point to stimulate the economy.
Trump’s attacks continued into July, growing even sharper. On July 8, he declared that Powell “should resign immediately.” A few days later, he criticized Powell over cost overruns tied to a $2.5 billion renovation project at the Federal Reserve, referring to him as a “knucklehead” and “stupid guy.”
Last week, Office of Management and Budget Director Russell Vought also criticized Federal Reserve Chair Jerome Powell for a renovation project he called “too lavish,” referring to it as “Versailles on the National Mall.”
On CNBC, Vought cited “fundamental mismanagement” at the Fed.
Meanwhile, National Economic Council Director Kevin Hassett, a potential successor to Powell, added, “If there is cause to fire Powell, Trump has the authority to do so.” The criticism appeared coordinated, with other figures like Fed candidate Kevin Warsh and Vice President J.D. Vance joining in.
Trump also reiterated his demand for rates to be cut to around 1%. Members of his team suggested they might review the renovation project as a possible justification to remove Powell “for cause.”
Three Reasons a Coffee Gift Set From This Christian Company Is Perfect for Christmas
When you’re searching for a Christmas gift that’s meaningful, useful, and rooted in faith, you don’t want to settle for anything generic. This season is filled with noise — mass-produced products, last-minute picks, and trends that fade as quickly as they appear. But one gift stands apart because it blends genuine quality with a message that matters: a coffee gift set from Promised Grounds Coffee.
This small Christian-owned company has become a favorite among believers who want to support faith-driven businesses while giving friends and family something they’ll actually enjoy. Here are three reasons a Promised Grounds Coffee gift set may be the most thoughtful and impactful present you give this year.
1. It’s Truly Delicious Coffee
Too many “gift-worthy” coffees look beautiful in the package but disappoint when the cup is poured. Promised Grounds takes the opposite approach — exceptional taste first, thoughtful presentation second.
Their beans are sourced with care, roasted in small batches, and crafted to bring out a rich, smooth flavor profile that appeals to both casual drinkers and true coffee lovers. Whether someone enjoys bold, dark roasts or lighter, more delicate blends, every sip reflects quality that stands shoulder-to-shoulder with the biggest specialty brands.
Simply put: this coffee is good. Really good. Some say it’s absolutely fantastic. If you want a gift that won’t be re-gifted, ignored, or shoved in a cabinet, this is it.
2. It Spreads the Word While Serving a Real Purpose
There are many Christian gifts that are meaningful… but not exactly practical. There are also useful gifts that have nothing to do with faith. Promised Grounds Coffee bridges both worlds beautifully.
Each gift set delivers an encouraging, faith-centered message through its packaging and presentation — a simple but powerful reminder of God’s goodness during the Christmas season. The cups are especially popular and serve as a daily reminder of the blessings from our Lord. At the same time, the product itself is something people will actually use and appreciate every single day.
It’s a gift that uplifts the spirit and fills the mug. A gift that points loved ones toward Scripture while still being part of the normal rhythm of life. And in a culture that increasingly pushes faith to the margins, giving a gift that quietly but confidently honors Christ can make a deeper impact than you might expect.
3. It’s Affordable, Valuable, and Elegantly Presented
Many people want to give something meaningful without breaking their Christmas budget. Promised Grounds Coffee strikes that perfect balance — the sets look and feel premium, but the price remains accessible.
The packaging is classy, clean, and gift-ready, making it ideal for:
- Family members of all ages
- Co-workers or employees
- Church friends or small-group leaders
- Hosts, neighbors, and last-minute gift needs
It’s the kind of gift that feels more expensive than it is — and more thoughtful than most of what you’ll find on store shelves.
The Perfect Blend of Faith, Flavor, and Christmas Cheer
A coffee gift set from Promised Grounds Coffee checks every box: a gift that tastes amazing, conveys your faith, supports a Christian business, and brings daily enjoyment to the person who receives it. In a season when so many gifts are forgotten, this one stands out for all the right reasons.
If you want a Christmas present that reflects your values and delivers genuine joy, Promised Grounds Coffee is the perfect place to start.
