A growing chorus of advisers inside and outside the Trump administration are pushing for US Treasury Secretary Scott Bessent to serve as the next chair of the Federal Reserve. President Donald Trump said Friday he would name a successor “very soon” to replace Jerome Powell, whose term as Fed chair ends in May 2026. Bloomberg’s Valerie Tytel reports. (Corrects to replace earlier video which stated wrong title for Kevin Hassett in on-screen graphic.)
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News post in June 11, 2025, 12:05 pm.
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