#CNBC Bessent: Interviews for ‘incredible group’ of potential Fed chairs will start around Labor Day

Bessent: Interviews for ‘incredible group’ of potential Fed chairs will start around Labor Day
Treasury Secretary Scott Bessent said Tuesday he will begin interviewing candidates for Federal Reserve chair as soon as the White House whittles down what has suddenly become a crowded field.

In a CNBC “Squawk Box” interview, Bessent confirmed the race to replace Jerome Powell is between 11 candidates, an array that includes past and present central bank officials as well as economists, a White House advisor and a few Wall Street market experts.

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