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Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started
Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome ...
Treasury Secretary Scott Bessent says don't read too much into one month's inflation data
Treasury Secretary Scott Bessent, in an interview on Bloomberg Television, said he hasn't looked at the CPI number that's ...
Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’
The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.
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US Treasury Secretary Scott Bessent suggests Fed Chair Jerome Powell should leave board in May 2026
Powell has repeatedly declined to answer questions on whether he might stay on as a governor. That reticence has complicated ...
Bessent an option to replace Fed chair, ‘but I like the job he’s doing’, says Trump
Mr Trump has repeatedly urged current US Federal Reserve Chairman Jerome Powell to resign. Read more at straitstimes.com.