Tag Archives: SuccessorHeres

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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