*Walter Bloomberg|Jan 20, 2026 12:58
TRUMP MAY NAME NEXT FED CHAIR SOON
Treasury Secretary Scott Bessent said President Trump could announce his pick for Federal Reserve chair as early as next week, citing four strong candidates.
Bessent also criticized the Fed for losing about $100 billion annually due to poorly timed asset purchases and raised concerns about ethical issues under Chair Jerome Powell, calling his attendance at a Fed official’s Supreme Court hearing “a mistake.”(*Walter Bloomberg)
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