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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 · 1d

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, Powell and Fed

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.

AOL · 11h

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.

Bloomberg on MSN · 4h

Trump Raises Pressure on Powell While Calling Firing ‘Unlikely’

President Donald Trump said he’s not planning to fire Jerome Powell, and still managed to make it sound like a threat.

1don 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 ...

12hon MSN

Trump won’t rule out sacking Powell as Jamie Dimon works to shield the Fed chair

The New York Times was first to report, Trump waved a draft letter firing Powell during a meeting with House Republicans, and ...

The Business Times1d

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 ...

9hon MSN

GOP split on whether Trump should fire Powell

Republican lawmakers are split over whether President Trump should fire Federal Reserve Chair Jerome Powell, with some pushing him to nix the central bank head and others encouraging him to be ...

Treasury Secretary Scott Bessent says don't read too much into one month's inflation data

Treasury Secretary Scott Bessent, in an interview on Bloomberg Television, said he hasn't looked at the CPI number that's ...

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.

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