Reported 21 days ago
President Trump's pursuit of a successor for Jerome Powell at the Federal Reserve is heating up, with candidates such as National Economic Council Director Kevin Hassett and Treasury Secretary Scott Bessent publicly criticizing the central bank. Hassett is seen as a strong contender for both a new Fed board seat and potentially Powell's chair next May. Meanwhile, Bessent has voiced his criticisms while discussing the possibility of holding dual roles. Trump has indicated he has several top choices for the position as he continues to express dissatisfaction with Powell's leadership.
Source: YAHOO