Fed Chair Scott Bessent? The Race to Replace Jay Powell

11/06/2025 18 min
Fed Chair Scott Bessent? The Race to Replace Jay Powell

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Episode Synopsis

President Trump says his decision on who will succeed Fed Chair Jerome Powell “is coming out very soon.” And according to new reporting from Bloomberg’s Nancy Cook and Saleha Mohsin, Treasury Secretary Scott Bessent is a contender for the job. On today’s Big Take podcast, Nancy and Saleha join host David Gura to discuss the president’s Apprentice-style approach to selecting a Fed Chair, what he wants in Powell’s replacement and how that might impact Fed independence. : Bessent Emerging as a Contender to Succeed Fed’s PowellSee omnystudio.com/listener for privacy information.