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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 · 2d

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 · 2d

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 · 1d

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.

Reuters on MSN · 1d

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 Chairman Jerome Powell, but suggested that might not happen.

AOL · 20h

Trump says 'not planning' fire Fed Chair Powell after reports suggest Powell ouster coming 'soon'

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.

25mon MSN

Hopefuls eyeing Powell’s job intensify push amid Trump rift

Two of President Donald Trump's contenders to succeed Chair Jerome Powell are increasing their alignment with the president in hopes to secure the nomination.

1don 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.

22hon MSN

Trump keeps everyone guessing on Powell's fate

The president floated the idea of firing the Fed chief to lawmakers, then said such a move was "very unlikely." ...

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