Republicans push back on Treasury-Fed double duty for Bessent

semafor.com/article/07/08/2025/republicans-push-back-on-treasury-fed-double-duty-for-bessent

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Republicans like Scott Bessent as Treasury secretary, and they’d support him as chair of the Federal Reserve. Just maybe not at the same time.
As President Donald Trump criticized current Fed Chair Jerome Powell yet again on Tuesday for not cutting interest rates, Republicans…

This story appeared on semafor.com, 2025-07-08 23:52:12.
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