Treasury Secretary Scott Bessent said there will be one or two more interviews this week for the next Federal Reserve chairman, with President Donald Trump likely announcing the next chairman sometime in early January.
"This is right up the president's alley," Bessent said on Fox Business on Tuesday. "He's been very, very thorough," and also "very direct with the candidates in the interviews in terms of asking for their views on Fed policy, the Fed's structure, the path forward, and the economy."
Bessent also praised two candidates - National Economic Director Kevin Hassett and former Fed Governor Kevin Warsh as "very, very qualified." Trump said in an interview with the Wall Street Journal on Friday that the two were his top choices, the newspaper reported.
The Treasury chief said he expected an announcement to be made in "early January." (alg)
Source: Bloomberg
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