US media: Bescent met with three candidates for Federal Reserve chair this week, and the selection process continues
2025-09-11 19:05:03
According to CNBC, citing US Treasury sources, Treasury Secretary Vincent Bescent met with Walsh, Lindsay and Brad this week, and the selection process for the Fed chair is still ongoing. Bescent is waiting for the end of the Fed's quiet period before talking to current Fed officials. Bescent favors a long-term reduction of the balance sheet.
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