Trump Pushes Treasury Secretary Bessent for Federal Reserve Chair Amid Calls to Reform the Fed

President Donald Trump is once again making waves by expressing a strong desire to appoint Treasury Secretary Scott Bessent as the next chair of the Federal Reserve. Despite Bessent’s repeated reluctance, Trump’s persistent endorsement underscores a commitment to overhaul an institution long criticized for stifling American economic sovereignty. Why Is Trump Insisting on Change at the Fed? Jerome Powell’s term as Fed chair is concluding in May, and his cautious approach to interest rate policy has frustrated President Trump and many America First advocates. The slow pace of rate cuts under Powell, critics argue, prolongs economic uncertainty and hampers growth...