Scott Bessent Confirms Search For Fed Chair Who Will Shrink Institution, End Perpetual QE

Treasury Secretary Scott Bessent has confirmed the administration is actively interviewing candidates for the next Federal Reserve Chair, seeking a leader committed to shrinking the central bank's footprint and ending the era of perpetual quantitative easing (QE).The ‘Engine of Inequality’Speaking on the All-In Podcast for a year-end economic review, Bessent outlined a sharp pivot from the monetary policies of the last 15 years. He argued that the Fed's “gain of function” experiments—specifically the large- ...