Bessent Says Powell Staying as Fed Governor Would Break Tradition

robot
Abstract generation in progress

U.S. Treasury Secretary Bessent said it would be unusual for outgoing Federal Reserve Chair Powell to remain as a Fed governor. Bessent said such a move would run against tradition. Bessent also said Kevin Warsh would bring a fresh perspective and clearer accountability to the Federal Reserve.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin