يحاول ذهب - حر

Trump: Bessent Doesn't Want to Be Nominated as Fed Chair

August 06, 2025

|

Mint Mumbai

US President Donald Trump said Treasury Secretary Scott Bessent told him he didn't want to be nominated to replace Jerome Powell as the next chair of the Federal Reserve.

- Bloomberg

Trump: Bessent Doesn't Want to Be Nominated as Fed Chair

"I asked him just last night, is this something you want?" Trump said Tuesday in an interview with CNBC. Bessent's response was, "Nope, I want to stay where I am," he said.

"He's doing a great job, and he wants to do what he's doing, so I just take him off. He does not want it," Trump continued. "He likes being Treasury secretary. He's doing a really good job."

Trump said he was considering four candidates—including former Federal Reserve Governor Kevin Warsh and National Economic Council director Kevin Hassett—for the post, but cautioned he didn't intend to make the decision soon.

المزيد من القصص من Mint Mumbai

Mint Mumbai

'FPIs, capex and earnings will drive markets up in Samvat 2082'

India is a market where exit is easy but entry is tough, says Nilesh Shah, MD of Kotak Mahindra AMC, the fifth-largest mutual fund based on quarterly assets under management (AUM) as of September-end.

time to read

4 mins

October 13, 2025

Mint Mumbai

Mint Mumbai

Dissent aside, Tata Trusts keen to keep Tata Sons private

Tata Trusts remains committed to its decision to keep Tata Sons private, two Tata executives told Mint, hours after the Shapoorji Pallonji Group issued a public statement seeking a public share sale of the Tata Group holding company.

time to read

2 mins

October 13, 2025

Mint Mumbai

What the govt's capex growth does not reveal

The government's capital expenditure has surged sharply in the first five months (April-August) of FY26. It has already spent nearly 39% of the annual outlay of 11.2 trillion, a 43% year-on-year jump.

time to read

2 mins

October 13, 2025

Mint Mumbai

Mint Mumbai

US seeks inventory model for e-comm

Negotiators cite 'level playing field', move may raise competition

time to read

2 mins

October 13, 2025

Mint Mumbai

Mint Mumbai

EQT scraps Zelestra India sale, to pump in $600 mn

For scraps

time to read

2 mins

October 13, 2025

Mint Mumbai

INSIDE NADELLA'S AI RESET AT MICROSOFT

Earlier this month, Microsoft promoted Judson Althoff, its longtime sales boss, to chief executive of its commercial business, consolidating sales, marketing and operations across its products. The move was designed gence.

time to read

3 mins

October 13, 2025

Mint Mumbai

H-IB fee hike Trump's second blow to gems & jewellery firms

Losing sparkle

time to read

2 mins

October 13, 2025

Mint Mumbai

Mint Mumbai

Slow drive for e-trucks as local sourcing rule bites

E-truck manufacturers wary of ambitious indigenization due to concerns over tepid demand

time to read

2 mins

October 13, 2025

Mint Mumbai

YOGA, AYURVEDA—INDIA CAN LEAD THE WISDOM ECONOMY

I was watching a video of a meditation studio in Manhattan when it struck me yet again. Twenty people, mostly American professionals, sitting cross-legged on expensive mats, were following breathing techniques that our grandparents and ancestors practised every morning.

time to read

2 mins

October 13, 2025

Mint Mumbai

Mint Mumbai

Existing investors pour in $40 million into Dezerv

Wealth management platform Dezerv has raised ₹350 crore (about $40 million) in a new funding round from its existing investors, the company's top executive told Mint.

time to read

1 mins

October 13, 2025

Listen

Translate

Share

-
+

Change font size