Scott Bessent On Replacing Powell As Fed Chair: ‘I Will Do What The President Wants’ — Plays Down Shadow Chair Speculations | Official Website of Louis Velazquez, entrepreneur, finance guy and tech innovator

All NewsJuly 1, 2025

Scott Bessent On Replacing Powell As Fed Chair: ‘I Will Do What The President Wants’ — Plays Down Shadow Chair Speculations

U.S. Treasury Secretary Scott Bessent declined to rule out the possibility of replacing Jerome Powell as Federal Reserve Chair and has instead deferred to President Donald Trump’s decision on the matter.

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