White House: Reports that Treasury Secretary Besent is considered a candidate for the next Federal Reserve Chair are not true
ChainCatcher News, White House: Reports that U.S. Treasury Secretary Besant is considered a candidate for the next Federal Reserve Chair are not true.
Previously, sources indicated that Powell's term as Federal Reserve Chair is set to expire in 2026. U.S. Treasury Secretary Besant is considered one of the candidates for the next Federal Reserve Chair. The formal interview process for the next Federal Reserve Chair has not yet begun.
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