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Minister Scott Bessent a Promising Candidate for New Fed Chairman

Summary by De Telegraaf
Current US Treasury Secretary Scott Bessent will succeed Fed Chairman Jerome Powell in May. This is the expectation of prominent bond specialist Mark Dowding. "I estimate the chance of this happening at two-thirds, and I have every confidence that the Fed will continue to operate independently under Bessent."

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De TelegraafDe Telegraaf
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Minister Scott Bessent a Promising Candidate for New Fed Chairman

Current US Treasury Secretary Scott Bessent will succeed Fed Chairman Jerome Powell in May. This is the expectation of prominent bond specialist Mark Dowding. "I estimate the chance of this happening at two-thirds, and I have every confidence that the Fed will continue to operate independently under Bessent."

·Amsterdam, Netherlands
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De Telegraaf broke the news in Amsterdam, Netherlands on Wednesday, October 22, 2025.
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