However,
Bessent believes future president fed:
The American Treasury Secretary. Similarly, Scott Bessent, said that the new president of the Federal Reserve should be “someone who can examine the entire organization”, while the Fed mission has widened far beyond monetary policy and jeopardizes its independence, reports the Japanese daily Nikkei.
“This is a person who must have market confidence. the ability to analyze complex economic data,” said Bessent to Nikkei during an interview, asking about the qualities that the future president of the Fed should have.
“It is also someone who. in my opinion, must be very turned to the future, rather than relying only on historical data,” added Bessent, quoted in the interview made in Washington on August 7 and published on Monday.
A source told Reuters that Bessent is currently heading the search for a successor to Jerome Powell. outgoing president of the Fed, with an bessent believes future president fed extended list including a long -standing economic consultant and a former regional president of the Fed.
(Rorge Spages of Aria.
bessent believes future president fed — Bessent believes future president fed: The American Treasury Secretary, Scott Bessent, said that the new president of the Federal Reserve should be “someone who can examine the entire organization”, while the Fed mission has widened far beyond monetary policy and jeopardizes its .
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