U.S. Treasury Secretary Becerra: The nomination for Federal Reserve Chair is expected to be announced by the end of the year

Wallstreetcn
2025.07.31 11:52

U.S. Treasury Secretary Janet Yellen: What is the reason for uncertainty in not lowering interest rates?

Currently compiling a list of candidates for the Federal Reserve Chair.

The Federal Reserve Board will have two vacancies.

The nomination for the Federal Reserve Chair is expected to be announced by the end of the year.

Interviews will be conducted for the Federal Reserve positions.

Reiterated that it would be extremely unusual for Powell to continue serving