July 1, 2025

Treasury Secretary Bessent Leads Search for Next Fed Chair as Powell’s Term Nears End

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Treasury Secretary Scott Bessent is actively involved in selecting a replacement for Federal Reserve Chair Jerome Powell, whose term concludes in May 2026, with President Donald Trump expected to announce a successor imminently. Powell Successor Expected Soon; Bessent Warns of Market Risks Treasury Secretary Scott Bessent is playing a pivotal role in the process of

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