Live Updates > Live Update Details
2025-12-17 04:45:08
U.S. Treasury Secretary Scott Bessant said one or two more interviews with the next Federal Reserve chairman will be conducted this week, and President Donald Trump may announce his nominee in early January. Bessant told Fox Business on Tuesday, "Following the president's pace, he's always been very, very cautious, and very direct in asking candidates about their views on Fed policy, structure, future direction, and the economy." He speculated the appointment would be announced "in early January" but did not specify who would be interviewed this week. The Wall Street Journal, citing unnamed sources, reported on Tuesday that Trump is expected to interview Fed Governor Christopher Waller on Wednesday. White House spokesman Kush... In a statement, Desai said, "President Trump has always been committed to nominating the best and most qualified person to reverse the economic disaster caused by Biden, but any reports about the Federal Reserve Chair nomination process before President Trump's announcement are just pointless speculation." Earlier on Tuesday, Besai praised National Economic Council Director Kevin Hassett and former Federal Reserve Governor Kevin Warsh as "very, very qualified." According to the Wall Street Journal, Trump said in an interview with the newspaper last Friday that these two were his top choices. Besai refuted the idea that Hassett would lack the ability to make independent decisions and should therefore be disqualified if he succeeded Jerome Powell as the new Federal Reserve Chair.
