-3.6 C
Ottawa
Friday, December 19, 2025

Treasury Secretary Bessent ‘Does Not Want’ to Be Fed Chair, Trump Says

Date:

Trump is considering Kevin Warsh and Kevin Hassett for Fed chair.

Treasury Secretary Bessent ‘Does Not Want’ to Be Fed Chair, Trump Says

Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee on Capitol Hill in Washington on June 11, 2025. Madalina Vasiliu/The Epoch Times

Andrew Moran

|Updated:

Treasury Secretary Scott Bessent is not in the running to replace Jerome Powell as head of the Federal Reserve, President Donald Trump said in a new interview.

Trump, speaking in an interview with CNBC’s “Squawk Box” on Aug. 5, stated that he has narrowed the field of Fed chairs to four individuals.

Andrew Moran

Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”

Author’s Selected Articles

About the author: Andrew Moran
Tell us something about yourself.
spot_imgspot_imgspot_img

Share post:

More like this
Related

How Major US Stock Indexes Fared Dec. 19

Stocks gained ground on Wall Street as AI stocks...

White House Economist Predicts Biggest Refund Cycle Ever During 2026 Tax Season

Director of the National Economic Council Kevin Hassett speaks...

Ford Recalls Nearly 273,000 Vehicles Over Rollaway Risk

The Ford F-150 Lightning pickup truck during a press...

Senators Sound Alarm Over Chinese Drone Use at US Security Facilities

Customers enter the DJI flagship store in Shenzhen, China,...