Bessent says very good chance Trump will announce new Fed chair before Christmas
ReutersNov 25, 2025 1:11 PM
WASHINGTON, Nov 25 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Tuesday there was a very good chance President Donald Trump would announce a new chairman of the Federal Reserve before Christmas.
"So we're going to have the last interview in the second round today. Andrew, we got five very strong candidates," Bessent said in an interview with CNBC. Jerome Powell's term as Fed chair ends in May.
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