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US Treasury Sec. Bessent says new Fed Chair nominee is likely to be announced in December or January
US Treasury Secretary Scott Bessent said on Thursday that the announcement of a new Federal Reserve (Fed) Chair nominee is expected to occur in December or January next year, per Bloomberg.
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Powell to leave Fed chair in May, nominee announcement expected in December or January: Secretary BessentU.S. Treasury Secretary Scott Bessent breaks down President Donald Trump’s trade deals, Federal Reserve chair Jerome Powell ...
"The Fed publishes something called a summary of economic projections, and it's pretty politically biased," Bessent said, ...
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U.S. Treasury Secretary Scott Bessent is calling for a review of the central bank's operations as Federal Reserve Chair ...
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In the interview, Bessent again noted that Trump has said he is not going to fire Powell. The president reportedly openly mulled the idea of firing the Fed chair in a meeting with lawmakers last week, ...
President Donald Trump announced new trade deals with Japan and the Philippines this week, bringing the total number of deals ...
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