Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
BREAKING: Donald Trump says US Treasury Secretary Bessent has declined consideration to be the next Fed Chair.
Since it is now public information that Scott Bessent has turned down the Fed Chair job, I should let everyone know that I am also turning down the potential opportunity to be the next Fed Chairman. I will stick with the bitcoin plan.
President Donald Trump said Treasury Secretary Scott Bessent told him he did not want to be nominated to replace Jerome Powell as the next chair of the Federal Reserve https://t.co/XNDHlavjv1
President Donald Trump said on 5 August that Treasury Secretary Scott Bessent asked not to be considered to succeed Jerome Powell as chair of the Federal Reserve, opting instead to remain at the Treasury Department. Bessent’s withdrawal leaves Trump seeking another candidate for the central bank’s top post. Former Fed governor Kevin Warsh and former White House economic adviser Kevin Hassett are widely viewed as leading contenders; prediction market Polymarket on Tuesday assigned Warsh a 64% probability of getting the nod, compared with 24% for Hassett.
