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Bessent says interviews for ‘incredible group’ of potential Fed chairs will start after Labor Day
Treasury Secretary Scott Bessent said Tuesday he will begin interviewing candidates for Federal Reserve chair as soon as the White House whittles down what has suddenly become a crowded field. In a CNBC “Squawk Box” interview, Bessent confirmed the race to replace current Chair Jerome Powell is between 11 candidates, an array that includes past and present central bank officials as well as economists, a White House advisor and a few Wall Street market experts. “In terms of the interview process, we’ve announced 11 very strong candidates. I’m going to be meeting with them probably right after, Labor Day, and ... (full story)
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From @DeItaone|Aug 19, 2025|1 commentFED'S BOWMAN SAYS DEBANKING IS A PROBLEM IN FINANCIAL SYSTEM Fed's Bowman: Fed will address debanking if more cases arise. Federal Reserve Official Bowman States That the Fed Is Waiting for the Comment Period to End for a New Leverage Regulation Fed's Bowman: Basel 3 will come last among capital proposals. Fed's Bowman: Regulation proposals won't change under the next Fed Chair.
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