Interviews to Replace Fed Chairman to Start After Labor Day, Bessent Says

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Interviews to Replace Fed Chairman to Start After Labor Day, Bessent Says

Treasury Secretary Scott Bessent attends a press conference in Stockholm, Sweden, on July 29, 2025. Magnus Lejhall/TT News Agency/via REUTERS/File Photo

Potential candidate interviews for the post of the new Federal Reserve chairman will be happening soon, Treasury Secretary Scott Bessent said in an Aug. 19 interview with CNBC.

“In terms of the interview process, we’ve announced 11 very strong candidates. I’m gonna be meeting with them probably right before/right after Labor Day, and to start bringing down the list to present to President [Donald] Trump,” Bessent said, without providing any more details on the list. This year, Labor Day falls on Sept. 1.

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