Bessent: Trump close to choosing
Photo: Evan Vucci

Bessent: Trump close to choosing new Fed chief

It is likely that US President Donald Trump can choose a replacement for Fed Chairman Jerome Powell before the Christmas holidays, the country's Treasury Secretary Scott Bessent tells CNBC.

"I think there's a very good chance that the president will make an announcement before Christmas," he tells the television channel, but also opens up the possibility that it could come towards the New Year's holiday.

According to the US Treasury Secretary, there are five candidates left. He also says that they will conduct the final interview in the second round of interviews on Tuesday.

AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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