Treasury Sec Scott Bessent Leads Interviews for Next Federal Reserve Chair

Treasury Secretary Scott Bessant is leading the search for Jerome Powell’s successor as the next Fed chair, and interviews with 11 candidates are underway. This process will explore monetary policy, regulatory policy, and organizational management in the selection of a qualified leader to guide US financial policy moving forward. These decisions carry significant weight on the cryptocurrency market due to changes in Fed policy impacting volatility and stability.