Bessent says Trump's pick for the next Fed chair could happen next week

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The US President is reportedly narrowing down the selection for the next Fed chair, with a potential announcement expected as early as next week.

Market Impact

Market impact analysis based on neutral sentiment with 70% confidence.

Sentiment
Neutral
AI Confidence
70%
Time Horizon
Short Term

Article Context

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The president has whittled down the field to four candidates, Bessent told CNBC during an interview at the World Economic Forum in Switzerland.

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Original article published by CNBC on January 20, 2026.
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