scott bessent jerome powell

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Jerome Powell, Scott Bessent

Jerome Powell’s job on the line? Scott Bessent confirms Fed chair replacement process is underway

The search for a new Federal Reserve chair is on. Treasury Secretary Scott Bessent confirms the process to replace Jerome Powell is underway. The White House aims to announce a nominee by fall. Bessent suggests Powell should fully step down to avoid market confusion.

New York Post on MSN · 22h

Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started

Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure for the top central banker to step aside before his term ends.

Fortune on MSN · 23h

Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also steps down as a governor."

47m

Trump says $2.5 billion Fed renovation 'sort of is' a fireable offense for Powell

President Trump on Wednesday told reporters that Jerome Powell’s handling of a $2.5 billion renovation of the Federal Reserve ...

Treasury Secretary Scott Bessent says don't read too much into one month's inflation data

Treasury Secretary Scott Bessent, in an interview on Bloomberg Television, said he hasn't looked at the CPI number that's ...

The Business Times13h

Bessent suggests Powell should leave Federal Reserve board in May

WASHINGTON] US Treasury Secretary Scott Bessent suggested that Federal Reserve chair Jerome Powell should step down from the ...

13h

Bessent an option to replace Fed chair, ‘but I like the job he’s doing’, says Trump

Mr Trump has repeatedly urged current US Federal Reserve Chairman Jerome Powell to resign. Read more at straitstimes.com.

21h

Market Voices: Bessent on China, Powell; Uber-Baidu robotaxis; Zeekr

Seeking Alpha's daily roundup of statements, announcements and remarks that could move markets, sectors or individual stocks.

1don MSN

Jerome Powell asks inspector general to review Fed's $2.5B renovation project

The Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the White House, according to a source familiar with the issue ...

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