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Treasury Secretary Scott Besent will initiate discussions regarding the selection of the next Federal Reserve president on Friday, september 5, 2025, according to a report in The Wall Street Journal. The process involves evaluating eleven candidates vying for the position.
The selection of a new Fed president is critical for shaping U.S. monetary policy and influencing global financial markets. The outcome of these talks will impact interest rates, inflation, and economic growth, affecting businesses, consumers, and investors alike. The appointment process comes amid ongoing economic uncertainty and scrutiny of the Federal Reserve’s actions.
