Treasury Secretary Scott Bessent testifies before the House Ways and Means Committee on Capitol Hill on June 11, 2025. Madalina Vasiliu/The Epoch Times
The Trump administration plans to begin working on a replacement for Federal Reserve Chair Jerome Powell this fall, Treasury Secretary Scott Bessent said.
In an interview with CNBC that aired on July 3, Bessent confirmed that President Donald Trump is looking at replacing the head of the central bank.
Original News Source Link – Epoch Times
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