The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.

The Trump administration has formally begun the search for a successor to Federal Reserve Chair Jerome Powell, whose term ...

Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: ...

Scott Bessent, before assuming his role as the Treasury Secretary, spent his career in finance, working for macro investment billionaire George Soros and noted short seller Jim Chanos, as well as ...

The search for a new Federal Reserve chair is on. Treasury Secretary Scott Bessent confirms the process to replace Jerome ...

However, Powell’s term as Fed governor is till January 2028, allowing him to legally be a part of monetary policy decisions ...

President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent could be a candidate to replace Federal Reserve ...

U.S. President Donald Trump said on Tuesday (July 15) that Treasury Secretary Scott Bessent is an option to replace Federal ...

Scott Bessent is not going to be the next Federal Reserve chair. This came only hours after Scott himself said he’d be “happy ...

Mr Trump has repeatedly urged current US Federal Reserve Chairman Jerome Powell to resign. Read more at straitstimes.com.

President Donald Trump said Scott Bessent was an option to replace Jerome Powell as head of the Federal Reserve, but ...

In a dramatic turn, U.S. Treasury Secretary Scott Bessent has revealed that the formal process to replace Jerome Powell as Fed Chair is now underway. Speaking on Bloomberg Surveillance, Bessent ...