PANews August 12 news, according to Jin10 report, former St. Louis Fed President Bullard: (Regarding the possibility of succeeding the Fed Chair position) I spoke with Secretary Basant last week. I am willing to act according to the wishes of U.S. Treasury Secretary Basant. If nominated, I would accept the position of Chair of the Federal Reserve, provided that the goal remains low and stable inflation, and the independence of the Federal Reserve is respected.
Former St. Louis Fed President Bullard stated: Anyone appointed as the Chair of the Federal Reserve will uphold the independence of the Federal Reserve. The president has the right to express opinions on Federal Reserve interest rates. Hearing different views about the Federal Reserve does not affect me. We will work within the framework of the Federal Reserve Act.