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Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: ...
Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who he has criticized over interest rates.
It’s a trade that takes a chance on Trump getting his way, shrugging off how the central bank goes about setting rates.
The US Treasury secretary said the country’s central bank should be reviewed, citing what he called “fearmongering over ...
Trump discusses plans to replace Federal Reserve Chairman Powell in a FOX Business interview, criticizing high interest rates ...
Treasuries rally, dollar slumps as Trump eyes Powell successor June 26, 2025 Updated Thu., June 26, 2025 at 6:21 p.m. Federal Reserve Chair Jerome Powell. (Al Drago/Bloomberg) ...