Trump Signals Christmas Deadline for New Fed Chair as Treasury Secretary Bessent Pushes for Simpler Central Bank Framework

Trump Signals Christmas Deadline for New Fed Chair as Treasury Secretary Bessent Pushes for Simpler Central Bank Framework

  • November 26, 2025

The process of selecting the next Federal Reserve chair has entered a decisive stage as US Treasury Secretary Scott Bessent revealed new details about his interviews with the finalists. Speaking during a televised interview, Bessent said that one of the recurring themes in

Trump may announce new Federal Reserve chair by Christmas as Bessent stresses need for simplification

Trump may announce new Federal Reserve chair by Christmas as Bessent stresses need for simplification

  • November 25, 2025

US Treasury Secretary Scott Bessent says a major priority in the search for the next chair of the Federal Reserve is finding a leader who can simplify the way the central bank manages the country’s money markets. Speaking during an interview on CNBC