Former Fed bank president Bullard says he's talked with Bessent

Aug 12 (Reuters) - Former St. Louis Federal Reserve Bank President James Bullard, asked Tuesday if he was under consideration for the position of Fed chair, said he spoke with Treasury Secretary Scott Bessent last week and told him that he'd be "happy to proceed however they want to proceed."

Bullard told CNBC that he would accept the job "if we can protect the value of the dollar ....that'll give us lower interest rates over time; if we aim for low and stable inflation, (and) respect the independence of the institution under the Federal Reserve Act."