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US Treasury Secretary: "Announcement of Fed Chair Candidate Possible in December or January Next Year"

Source
Suehyeon Lee

Summary

  • The US Treasury Secretary stated that the announcement of the next Fed chair candidate could be made in December or January next year.
  • It was reported that even though Powell’s term as chair runs until February 2026, the market is paying attention to the possibility of an early replacement or reappointment.
  • It was mentioned that the timing and selection of the next Fed chair will likely serve as an important variable for the financial market.

The US Treasury Secretary commented on the timing of the announcement for the next Fed (Federal Reserve, Fed) chair candidate.

According to BlockBeats on the 24th (local time), Scott Bessent, US Treasury Secretary, stated, "The announcement of the next Fed chair candidate may be made in December or in January next year."

Meanwhile, Powell's term as chair runs until February 2026, and the market is focusing on the possibility of an early replacement or reappointment.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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