US media: Besant to meet with three Federal Reserve chair candidates this week, selection process ongoing
According to a report by Jinse Finance citing CNBC and sources from the U.S. Treasury Department, Treasury Secretary Bessent met with Walsh, Lindsay, and Bullard this week, and the selection process for the next Federal Reserve Chair is still ongoing. Bessent is waiting for the Federal Reserve's blackout period to end before speaking with current Fed officials. Bessent favors a long-term reduction of the balance sheet.
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