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Fed, Trump and Bessent

Trump: Bessent an option to replace Fed chair, 'but I like the job he's doing'

President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent could be a candidate to replace Federal Reserve Chairman Jerome Powell, but suggested that might not happen.

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Trump Says Bessent Is ‘an Option’ for Fed Chair but Not His Top Choice

· 7h

What a Fed Chair Firing Could Mean for the Housing Market

· 17h

Firing Powell would do nothing to help Trump on interest rates

For a moment on Wednesday, it looked like President Donald Trump would finally attempt the improbable and fire Federal Reserve Chair Jerome Powell.

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Republican Senators Caution Trump Against Firing Fed Chair Jerome Powell

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Playbook PM: Jerome Powell’s Trump whiplash

· 9h

The Fed building renovations at the center of Trump's fight with Powell: Five things to know

The situation has the potential to plunge the U.S. central bank into crisis and test one of the underpinnings of the global financial system: the Fed's monetary policy independence from political med...

· 11h

Can Trump fire the Fed chair? He’s building a $2.5 billion excuse

· 10h

White House Seeks to Inspect Fed Renovation in Bid to Pressure Powell

2don MSN

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 Powell has already started — as the Trump administration ratchets up pressure for the top central banker to step aside before his term ends.

2don MSN

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. “Traditionally, the Fed chair also steps down as a governor."

2don MSN

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

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. Read more at straitstimes.com.

1don MSN

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 Powell as Federal Reserve chief next year, according to people familiar with the process.