Bessent lists five finalists for Fed chair job, and Trump says decision coming before the end of the year

Bessent lists five finalists for Fed chair job, and Trump says decision coming before the end of the year


Key Points
  • Treasury Secretary Scott Bessent confirmed that the list of candidates to replace Federal Reserve Chair Jerome Powell has been winnowed down to five.
  • President Donald Trump told reporters that he anticipates naming a replacement by the end of the year. Powell’s term doesn’t expire until May.



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