US Treasury Secretary Bessent says we haven't yet interviewed Rick Rieder; still four candidates to succeed Powell; think Trump will decide on Fed Chair in January

Treasury Secretary Bessent's comments indicate ongoing considerations for the next Fed Chair, highlighting four remaining candidates and suggesting that decisions may be influenced by the incoming administration.

Newsquawk StaffPublished On the live feed at 6 more headlines followed before this page went public
Newsquawk headlinesUTC

US Treasury Secretary Bessent says US will be removing sanctions from some Venezuelan entities; strong interest from independent oil companies and "wildcatters" in swift investments in Venezuela

US President Trump and Congress move to overturn Biden-era Minnesota mining ban, boosting Antofagasta's (ANTO LN) twin metals project

US Treasury Secretary Bessent says we haven't yet interviewed Rick Rieder; still four candidates to succeed Powell; think Trump will decide on Fed Chair in January

US Treasury Secretary Bessent says for the first time, the Chinese seem to be getting serious over fentanyl because of IEEPA tariffs; IEEPA tariffs have brought Mexico and Canada to the negotiating table

US Energy Secretary says US can market oil at a better price than Venezuela, via Fox News interview; not going to cut off China; Venezuela oil production could be up 50% in the next 18 months

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This uncertainty could lead to volatility in expectations around Fed policy and rate trajectory, particularly if any nominee leans hawkish or dovish compared to Powell. Market participants should be attuned to how these developments interact with current economic conditions and broader monetary policy debates.

Related headlines

The whole workspace, free to try.

Try it free