Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee on Capitol Hill in Washington on June 11, 2025. Madalina Vasiliu/The Epoch Times
Treasury Secretary Scott Bessent is not in the running to replace Jerome Powell as head of the Federal Reserve, President Donald Trump said in a new interview.
Trump, speaking in an interview with CNBC’s “Squawk Box” on Aug. 5, stated that he has narrowed the field of Fed chairs to four individuals.
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."