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Trump administration to look at replacing Fed chair Jerome Powell this fall, Bessent says

Upworthy Thursday, 3 July 2025 ()
The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, U.S. Treasury Secretary Scott Bessent told CNBC on Thursday, adding that officials had โ€œa lot of good candidates.โ€ Bessent said it was up to the Fed to decide interest rates, althoughโ€ฆ
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