Exclusive: Treasury Secretary Bessent Is Not Looking To Succeed Fed’s Powell

Exclusive: Treasury Secretary Bessent Is Not Looking To Succeed Fed’s Powell


As speculation builds over who might eventually succeed Jerome H. Powell as chair of the Federal Reserve, Treasury Secretary Scott Bessent says he is not seeking the role and remains focused on his current post.

Bessent, who has held the Treasury job since January, said in an exclusive interview with Breitbart News on Wednesday that he believes his current role is where he can be most effective.

“I have the best job in D.C. I think it is my highest and best use,” Bessent said in an exclusive interview with Breitbart News. “And I hope the president does too.”

Though financial and political circles have floated Mr. Bessent’s name as a potential successor to Mr. Powell, several people familiar with the matter said

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