Tag Archives: Formal

Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’

Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’

Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’ The search for the next leader of the world’s most influential central bank is officially under way, Treasury Secretary Scott Bessent told Bloomberg on Tuesday. “There’s a formal process that’s already starting,” he said when asked about efforts to find Jerome Powell’s …

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Bessent Says ‘Formal Process’ Started For Powell’s Successor—Here’s Who Could Be In The Running

Bessent Says ‘Formal Process’ Started For Powell’s Successor—Here’s Who Could Be In The Running

Topline Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair Jerome Powell’s successor, following months of pressure from President Donald Trump to have Powell step down from his role at the agency. President Donald Trump has campaigned for Powell to step down from his role at the Fed. Getty Images …

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