
Fed succession race: US Treasury chief Scott Bessent says interviews for new chair to begin September 1, 11 candidates in fray – Times of India
US Treasury Secretary Scott Bessent on Tuesday said that interviews for Federal Reserve Chair Jerome Powell’s replacement are expected to start around September 1, with 11 candidates under consideration.President Donald Trump’s choice of the next Fed chief is being closely tracked, especially after his repeated criticism of the central bank for holding back on interest…