Fed Pick Puts Pressure on Bessent to Deliver for Trump

Scritto il 03/12/2025
da Alan Rappeport and Colby Smith

Treasury Secretary Scott Bessent, who is leading the search for the next Federal Reserve chair, could face President Trump’s wrath if the person chosen does not quickly lower interest rates.If the next Federal Reserve chair proves to be less than compliant with President Trump’s wishes, Treasury Secretary Scott Bessent could take the blame.