Scott Bessent, currently serving as the U.S. Treasury Secretary, has been questioned about the possibility of simultaneously holding the positions of Federal Reserve Chair and Treasury Secretary. In a CNBC interview, Bessent noted that such a dual role has not been undertaken since the 1930s but did not definitively rule it out. He expressed satisfaction with his current role and mentioned that there are many qualified candidates for the Fed Chair position, with selection processes forthcoming. Discussions and speculation about whether President Donald Trump could appoint Bessent to both roles have been reported by various news outlets, including MarketWatch and The Hill. The legal and practical implications of one individual holding both offices remain a topic of public and media interest.
The Hill Newspaper: Secretary Bessent May Take Over as Fed Chair While Remaining at Treasury https://t.co/flKjH5ELoe https://t.co/izUixG9rvw
Will Bessent serve as Fed chair, Treasury secretary at the same time? https://t.co/ducmLk7Gqb
IN NATIONAL NEWS — Will Bessent serve as Fed chair, Treasury secretary at the same time? https://t.co/1zdxZbmeEP