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Bessent widens scope for next Fed chair as he looks for someone with 'open mind'

From finance.yahoo.com

Treasury Secretary Scott Bessent said Wednesday the Trump administration is looking for someone with an "open mind" to be the next chair of the Federal Reserve as he interviews 11 candidates to replace Jerome Powell. "Everyone asks me what am I looking for when I interview potential Federal Reserve chairs, and it's just someone with an open mind, who's not looking in the rearview mirror, who's looking forward," Bessent said in an interview on Fox Business Network's "Mornings with Maria." Bessent expects to complete the first round of interviews by the first week in October. He noted that he has been surprised by the ... (full story)

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