Trump Narrows Fed Chair Candidates To Four, Excluding Treasury Secretary Bessent

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WASHINGTON (AP) — President Donald Trump has narrowed down his list of potential candidates to lead the Federal Reserve to four people. On Tuesday, Trump ruled out Scott Bessent, saying the treasury secretary prefers to stay in his current role. Trump mentioned Kevin Warsh and Kevin Hassett as two of the candidates during an interview. Warsh, a former Fed governor, has been critical of current Fed policies. Hassett, director of the National Economic Council, has supported Trump’s agenda. Trump did not reveal the other two candidates. The decision comes after Fed Governor Adriana Kugler announced her resignation last Friday.

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