Tag Archives: Process

SCORE Act takes first step through House committee process

SCORE Act takes first step through House committee process

Congress has taken the first tangible step toward cleaning up the college-sports mess that the college should be expected to clean up themselves. Via Tom Schad of USA Today, the Subcommittee on Commerce, Manufacturing, and Trade voted to advance the so-called SCORE Act with a party-line vote, 12-11. The bill, which now goes to the House Committee on Energy and …

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‘Formal process’ to find Jerome Powell’s successor has started

‘Formal process’ to find Jerome Powell’s successor has started

Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure for the top central banker to step aside before his term ends. “There are a lot of great candidates and we’ll see how rapidly it progresses. It’s President Trump’s …

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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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