White House: Reports that Treasury Secretary Basent is regarded as a candidate for the next Federal Reserve Chairman are not true
Internet report, White House: Reports that U.S. Treasury Secretary Basent is regarded as a candidate for the next Federal Reserve Chairman are not true. Earlier, some sources said that Powell's term as chairman of the Federal Reserve will soon expire in 2026. U.S. Treasury Secretary Basent is regarded as one of the candidates to serve as the next chairman of the Federal Reserve. The formal interview process for the next Fed chairman has not yet begun.
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