US EditionTreasury Secretary Begins Search for New Fed Chair
- Treasury Secretary Scott Bessent announced that candidate interviews for the Federal Reserve chair position will start around Labor Day.
- Bessent stated that there are 11 strong candidates for the position and that he will meet with them around Labor Day.
- Bessent warned that high interest rates are causing problems in the housing market and for low-income households with high credit card debt.
- Fed Chair Jerome Powell's term ends in May 2026, but the administration may nominate a successor sooner.
22 Articles
22 Articles
U.S. Treasury Secretary Scott Bessent said Tuesday that interviews to elect the successor of Federal Reserve President Jerome Powell will take place around September 1, with 11 candidates considered for the post. President Donald Trump’s election of Powell’s successor is a process closely followed by the markets, after the president repeatedly criticized the central bank for its decision to maintain the interest rate at levels he considers high.…
Interviews to Replace Fed Chairman to Start After Labor Day, Bessent Says - The Thinking Conservative
Potential candidate interviews for the post of the new Federal Reserve chairman will be happening soon, Treasury Secretary Scott Bessent said. The post Interviews to Replace Fed Chairman to Start After Labor Day, Bessent Says appeared first on The Thinking Conservative.
Interviews to Replace Fed Chairman to Start After Labor Day, Bessent Says
Potential candidate interviews for the post of the new Federal Reserve chairman will be happening soon, Treasury Secretary Scott Bessent said in an Aug. 19 interview with CNBC. “In terms of the interview process, we’ve announced 11 very strong candidates. I’m gonna be meeting with them probably right before/right after Labor Day, and to start bringing down the list to present to President [Donald] Trump,” Bessent said, without providing any more…
Interviews for new Fed chair start around Sept 1
WASHINGTON, United States — US Treasury Secretary Scott Bessent said Tuesday that interviews for Federal Reserve Chair Jerome Powell’s replacement are set to take place around Sept. 1. Eleven candidates are being considered for the position. President Donald Trump’s choice of Powell’s successor is a closely watched process. This was after the US leader repeatedly
US Treasury chief says interviews for new Fed chair to start around Sept 1
WASHINGTON, D.C. — US Treasury Secretary Scott Bessent said Tuesday that interviews for Federal Reserve Chair Jerome Powell's replacement are set to take place around September 1 -- with 11 candidates being considered for the position.
Sec. Bessent: 11 Fed Chair Interviews Start Near Labor Day
Coverage Details
Bias Distribution
- 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
