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US media: Bescent met with three candidates for Federal Reserve chair this week, and the selection process continues
On September 12, CNBC quoted US Treasury sources as saying that Treasury Secretary Vincent Bescent met with Walsh, Lindsay and Brad this week, and the selection of the Fed chair is still continuing. Bescent is waiting for the end of the Fed's quiet period before talking to current Fed officials. Bescent prefers to shrink the balance sheet for a long time.
2025-09-11 18:45:24
US media: Bescent met with three candidates for Federal Reserve chair this week, and the selection process continues
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.
2025-09-11 19:05:03
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