White House: Reports that Treasury Secretary Vincent is seen as the next candidate for Federal Reserve Chair are not true

2025-06-10 17:59:37
The White House: Reports that U.S. Treasury Secretary Vincent is seen as a candidate for the next Federal Reserve Chair are untrue.
Earlier, sources said that Powell's term as Fed chairperson is about to expire in 2026. US Treasury Secretary Vincent Bescent is seen as one of the candidates for the next Fed chairperson. The formal interview process for the next Fed chair has not yet started.