Trump confirms Scott Bessent won't replace Powell as Fed chair amid rising tensions with central bank Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role as Jerome Powell succession process begins. Orignial Source: https://www.foxbusiness.com/politics/trump-confirms-scott-bessent-wont-replace-powell-fed-chair-amid-rising-tensions-central-bank Previous article: Markets now betting Fed will cut rates in September after disappointing jobs report Prev Next article: Northeast suburb beats out entire country for hottest housing market in 2025 Next
