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Fed Chair Scott Bessent? The Race to Replace Jay Powell
Manage episode 488169637 series 3311220
President Trump says his decision on who will succeed Fed Chair Jerome Powell “is coming out very soon.” And according to new reporting from Bloomberg’s Nancy Cook and Saleha Mohsin, Treasury Secretary Scott Bessent is a contender for the job.
On today’s Big Take podcast, Nancy and Saleha join host David Gura to discuss the president’s Apprentice-style approach to selecting a Fed Chair, what he wants in Powell’s replacement and how that might impact Fed independence.
Read more: Bessent Emerging as a Contender to Succeed Fed’s Powell
See omnystudio.com/listener for privacy information.
715 episodes
Manage episode 488169637 series 3311220
President Trump says his decision on who will succeed Fed Chair Jerome Powell “is coming out very soon.” And according to new reporting from Bloomberg’s Nancy Cook and Saleha Mohsin, Treasury Secretary Scott Bessent is a contender for the job.
On today’s Big Take podcast, Nancy and Saleha join host David Gura to discuss the president’s Apprentice-style approach to selecting a Fed Chair, what he wants in Powell’s replacement and how that might impact Fed independence.
Read more: Bessent Emerging as a Contender to Succeed Fed’s Powell
See omnystudio.com/listener for privacy information.
715 episodes
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