Summary
President Donald Trump praised Scott Bessent and is thinking about making him the next Chairman of the Federal Reserve. However, President Trump mentioned that he does not expect his Secretary of the Treasury to want the job.
Key Facts
- President Donald Trump is considering Scott Bessent for the Federal Reserve Chairman position.
- President Trump spoke positively about Scott Bessent.
- The Federal Reserve is the central bank of the United States.
- The Chairman of the Federal Reserve plays a key role in U.S. economic policy.
- President Trump mentioned that his Secretary of the Treasury is unlikely to want the role.
- This update is part of a breaking news story with more details expected later.
