Bessent Says Fed Chair Pick Could Come as Soon as Next Week
Key Points:
- US Treasury Secretary Scott Bessent indicated that President Donald Trump might announce his choice for the next Federal Reserve chair as early as next week.
- Bessent highlighted that there are four strong candidates under consideration for the central bank leadership role.
- The announcement is expected amid significant anticipation surrounding the White House's search for a new Federal Reserve chief.
- Bessent made these remarks during a press conference at the World Economic Forum in Davos.