Federal Reserve Chair Succession

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Steve Bannon floats idea of Bessent running both Treasury and the Fed
CNBCยท 2025-09-19 18:39
U.S. Treasury Secretary Scott Bessent speaks to the press, on the day of U.S.-China talks on trade, economic and national security issues, in Madrid, Spain, September 15, 2025.White House confidante Steve Bannon has an unusual solution for who should take over as Federal Reserve Chair Jerome Powell next year.In a podcast interview with Sean Spicer, who served as White House press secretary during President Donald Trump's first term, Bannon recommended that Treasury Secretary Scott Bessent helm the central b ...