Bessent Says ‘Formal Process’ Started For Powell’s Successor

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Bessent Says ‘Formal Process’ Started For Powell’s Successor—Here’s Who Could Be In The Running

forbes.com/sites/tylerroush/2025/07/15/bessent-says-formal-process-underway-to-find-fed-chair-powells-successor-report-says

Topline
Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair Jerome Powell’s successor, following months of pressure from President Donald Trump to have Powell step down from his role at the agency.
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This story appeared on forbes.com, 2025-07-15 15:35:34.587000.