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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 ...
What a Fed Chair Firing Could Mean for the Housing Market
Experts weigh in on how the housing market could react if Fed Chair Jerome Powell is dismissed, and they point to economic ...
Bessent Says ‘Formal Process’ Underway To Find Fed Chair Powell’s Successor, Report Says
Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair ...
Bessent: ‘Formal process’ underway to pick Powell successor
Treasury Department Secretary Scott Bessent on Tuesday said the process to pick a new chair of the Federal Reserve has started, ahead of Chair Jerome Powell’s term ending in 2026 and amid growing ...
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.
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.
Hassett Grabs Pole Position in Race to Be Trump’s New Fed Chair
Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome ...