President Trump says he’s reviewing four candidates as a possible successor to Fed Chairman Jerome Powell. The president said he has narrowed the field of potential Fed chair candidates to four and that Treasury Secretary Scott Bessent is not on the list. He told CNBC that Bessent has taken himself out of contention. Jerome Powell, […]
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Trump reviewing 4 candidates as possible Fed chair successor
President Trump says he’s reviewing four candidates as a possible successor to Fed Chairman Jerome Powell. The president said he has narrowed the field of potential Fed chair candidates to four and that Treasury Secretary Scott Bessent is not on the list. He told CNBC that Bessent has taken himself out of contention. Jerome Powell, whose Fed term ends next May, has been brutally ridiculed by Donald Trump for not lowering interest rates. The president nominated Powell for the Fed job during his first administration in 2017.