Former St. Louis Federal Reserve Bank President James Bullard on Tuesday said he spoke with U.S. Treasury Secretary Scott Bessent last week in connection with the White House search for a new Fed chair,

U.S. Treasury Secretary Scott Bessent says the next leader of the Federal Reserve should be someone capable of taking a broad view of the institution beyond

President Donald Trump said on Tuesday he would not select Treasury Secretary Scott Bessent as the next chairman of the Federal Reserve, stressing Bessent “wants to stay” at the Treasury Department. “Well,