President Trump said Scott Bessent could potentially lead the Federal Reserve but the former hedge-fund manager wasn't his ...

Treasury Secretary Scott Bessent, in an interview on Bloomberg Television, said he hasn't looked at the CPI number that's ...

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Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome ...

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

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

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

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

Most Read from BloombergAdvocates Fear US Agents Are Using ‘Wellness Checks’ on Children as a Prelude to ArrestsThe Dutch ...

Treasury Department Secretary Scott Bessent on Tuesday said the process to pick a new chair of the Federal Reserve has started, ahead of Chair Jerome Powell’s term ending in 2026 and amid growing ...

Other candidates under consideration include former Federal Reserve governor Kevin Warsh and top economic adviser Kevin ...

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 ...