Trump narrows Fed chair contenders, Bessent out of the running
TL;DR Summary
President Trump is narrowing down his choices for the next Federal Reserve Chair, favoring Kevin Hassett and Kevin Warsh, while ruling out Treasury Secretary Scott Bessent, and considering a short-term replacement for Fed Governor Adriana Kugler.
- Trump narrows Fed chair list: Bessent is out, while these two rise in rankings MarketWatch
- Trump says Scott Bessent no longer in the running for Fed chair CNN
- Trump rules out Treasury Secretary Scott Bessent as next Fed chair NY State of Politics
- Donald Trump rules out Scott Bessent for Federal Reserve chair Financial Times
- Trump will announce Fed appointments soon; Bessent wants to stay at Treasury Reuters
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