U.S. Treasury Secretary to Hold Interviews with Federal Reserve Candidates
AI Summary
As reported by BlockBeats, U.S. Treasury Secretary Besant announced that he will interview two additional Federal Reserve candidates later this week. By the close of next weekend, interviews with 10 of the 11 nominees are expected to be finalized. With the Federal Open Market Committee’s (FOMC) blackout period now concluded, the process will move forward with both current Federal Reserve Board members and regional bank presidents.
When asked whether he himself is being considered for the role of Federal Reserve Chair, Secretary Besant clarified that President Donald Trump values his work at the Treasury Department and emphasized that he is satisfied with his current responsibilities.