Bessent on Fed Chairmanship: 'I'll Do What the President Wants'

Treasury Secretary Scott Bessent arrives for a closed-door Republican meeting to advance President Donald Trump's sweeping domestic policy bill, at the Capitol in Washington, June 27, 2025. (J. Scott Applewhite/AP)

Friday, 27 June 2025 04:50 PM EDT ET

U.S. Treasury Secretary Scott Bessent said Friday he will do what President Donald Trump wants, when asked in a CNBC interview about media reports that said Bessent was being considered as a possible Fed chair replacement next year.

"I'll do what the president wants, but I think I have the best job in Washington," Bessent said.

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U.S. Treasury Secretary Scott Bessent said Friday he will do what President Donald Trump wants, when asked in a CNBC interview about media reports that said Bessent was being considered as a possible Fed chair replacement next year.
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