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Opinion: Wall Street loved Scott Bessent and Kevin Warsh. Not anymore.

We are approaching a credibility crisis with Scott Bessent and Kevin Warsh leading our economy.

Federal Reserve Chairman Kevin Warsh departs his swearing-in ceremony as Treasury Secretary Scott Bessent, from right, and former Secretary of State Condoleezza Rice look on in the East Room of the White House, Friday, May 22, 2026, in Washington. (AP Photo/Alex Brandon)

Federal Reserve Chairman Kevin Warsh departs his swearing-in ceremony as Treasury Secretary Scott Bessent, from right, and former Secretary of State Condoleezza Rice look on in the East Room of the White House, Friday, May 22, 2026, in Washington. (AP Photo/Alex Brandon)