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Jerome Powell, Scott Bessent

Treasury Secretary Scott Bessent says ‘formal process’ to find Jerome Powell’s successor has started

Treasury Secretary Scott Bessent said Tuesday that a “formal process” to find a successor for Federal Reserve Chair Jerome Powell has already started — as the Trump administration ratchets up pressure for the top central banker to step aside before his term ends.

Reuters on MSN · 1d

US Treasury Secretary Bessent says ‘formal process’ for Powell successor has started, Bloomberg News reports

U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is already starting to identify a potential successor to Federal Reserve Chairman Jerome Powell.

Fortune on MSN · 19h

Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’

The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends. “Traditionally, the Fed chair also steps down as a governor."

Trump won’t fire Powell

MarketWatch on MSN · 20h

Trump won’t fire Powell as Fed chair, says Treasury chief Bessent

Treasury Secretary Scott Bessent said Tuesday that President Donald Trump has no plan to fire Federal Reserve Chair Jerome Powell. “As President Trump said, he’s not looking to fire chair Powell,” Bessent said, during an interview with Bloomberg Television.

AOL · 2h

Trump says $2.5 billion Fed renovation 'sort of is' a fireable offense for Powell

President Trump on Wednesday told reporters that Jerome Powell’s handling of a $2.5 billion renovation of the Federal Reserve headquarters 'sort of is' a fireable offense, raising new questions about whether he may seek to oust the central bank boss.

The Business Times · 12h

Bessent suggests Powell should leave Federal Reserve board in May

WASHINGTON] US Treasury Secretary Scott Bessent suggested that Federal Reserve chair Jerome Powell should step down from the central bank’s board when his term as chair is up in May 2026. Read more at The Business Times.

12hon MSN

Trump: Bessent an option to replace Fed chair, 'but I like the job he's doing'

President Donald Trump said on Tuesday that Treasury Secretary Scott Bessent could be a candidate to replace Federal Reserve ...

InvestmentNews1h

Bessent is not top Fed candidate but 'very good,' Trump says

President Donald Trump said Scott Bessent was an option to replace Jerome Powell as head of the Federal Reserve but suggested the Treasury secretary was not the leading candidate because of his ...

12h

Bessent an option to replace Fed chair, ‘but I like the job he’s doing’, says Trump

Mr Trump has repeatedly urged current US Federal Reserve Chairman Jerome Powell to resign. Read more at straitstimes.com.

20hon MSN

Market Voices: Bessent on China, Powell; Uber-Baidu robotaxis; Zeekr

Seeking Alpha's daily roundup of statements, announcements and remarks that could move markets, sectors or individual stocks.

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Jerome Powell, Scott Bessent

Trump won’t fire Powell

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