Trump said Bessent was very good, but hinted that he was not the best candidate for Federal Reserve Chairman.
U.S. President Trump said that Bessent is an alternative candidate to succeed the Chairman of the Federal Reserve, but he is satisfied with Bessent's current performance as Treasury Secretary. On July 15, local time, Trump said that Bessent is an option to succeed Powell as Chairman of the Federal Reserve, but hinted that he is not the leading candidate because he "has done very well in the position of Treasury Secretary." When directly asked whether Bessent was a potential successor that day, Trump told reporters, "He is an option, and a very good one." When asked whether Bessent was the best candidate, Trump replied, "Well, he is not, because I like the job he is doing (as Treasury Secretary)." [Xinhua Finance]
Trump said Bessent was very good, but hinted that he was not the best candidate for Federal Reserve Chairman.
U.S. President Trump said that Bessent is an alternative candidate to succeed the Chairman of the Federal Reserve, but he is satisfied with Bessent's current performance as Treasury Secretary. On July 15, local time, Trump said that Bessent is an option to succeed Powell as Chairman of the Federal Reserve, but hinted that he is not the leading candidate because he "has done very well in the position of Treasury Secretary." When directly asked whether Bessent was a potential successor that day, Trump told reporters, "He is an option, and a very good one." When asked whether Bessent was the best candidate, Trump replied, "Well, he is not, because I like the job he is doing (as Treasury Secretary)." [Xinhua Finance]
