Bessent Vets Potential Powell Successors; Trump's Shortlist Is Starting to Take Shape

White House Interviewing ‘11 Very Strong Candidates’ to Replace Jerome Powell: Scott Bessent

Treasury Secretary Scott Bessent said he will give President Donald Trump a shortlist of Federal Reserve chair candidates after Labor Day. In an Aug. 27 Fox Business interview, Bessent stated he and other White House officials will be interviewing “11 very strong candidates” to succeed Fed Chair Jerome Powell. The process, he noted, will begin after Labor Day. While Bessent did not provide names, he noted that the president already knows some of…

Bessent vets potential Powell successors; Trump's shortlist is starting to take shape

As President Donald Trump sharpens his focus on the Federal Reserve, the names on his radar to lead the world’s most powerful central bank are coming into view.Tensions between Trump and the Federal Reserve have reached a boiling point in recent months, fueled by disputes over interest rate decisions, soaring renovation costs at its two main Washington, D.C. offices, and allegations of mortgage fraud involving a sitting board member.TREASURY'S B…

Trump has 11 on his Fed chair list, 3 may be crypto-friendly – MAXBIT

The Trump administration is considering 11 candidates to replace Jerome Powell; some have previously signalled a constructive stance toward crypto. The Trump administration is considering at least 11 candidates to replace Jerome Powell when his term as Federal Reserve chair expires in May. At least three of them have taken positive stances toward crypto. Treasury...

Financial News Network - Bessent vets potential Powell successors; Trump's shortlist is staring to take shape

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