Try GOLD - Free
Bessent names Fed chair finalists ahead of year-end decision
Mint Mumbai
|October 28, 2025
US treasury secretary Scott Bessent on Monday confirmed the names of five finalists to succeed Federal Reserve chair Jerome Powell, with the president saying he expected to make his decision by year-end.
-
The candidate pool has narrowed to current Fed board members Christopher Waller and Michelle Bowman, former Fed governor Kevin Warsh, White House National Economic Council director Kevin Hassett and BlackRock Inc. executive Rick Rieder, Bessent
This story is from the October 28, 2025 edition of Mint Mumbai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Mumbai
Mint Mumbai
E-bus tender done, CESL now looks at electric trucks
Convergence Energy Services Ltd (CESL), the Centre’s demand aggregation agency, wants the government to name it as nodal agency for tendering electric trucks under the ₹10,900-crore PME-Drive scheme, two people aware of the development said.
1 mins
January 06, 2026
Mint Mumbai
Why we urgently need a national competition policy
India’s economy is at an inflection point.
3 mins
January 06, 2026
Mint Mumbai
Lou Gerstner: The CEO who taught IBM how to dance
Louis Vincent Gerstner Jr., the American business leader whose steady hand and clear-sighted strategy pulled International Business Machines Corp (IBM) from the brink of collapse and reshaped it for the dawn of the digital age, died on 27 December 2025 at his home in Jupiter, Florida.
3 mins
January 06, 2026
Mint Mumbai
Plan to eat better this year? Here’s what to focus on
To get healthier in the new year, prioritize protein and fibre, don't count calories, and eat intentionally, say experts
3 mins
January 06, 2026
Mint Mumbai
The hidden cost of blindly chasing MF leaderboards and past returns
How market cycles and styles keep reshaping mutual fund rankings, and why recent performance rarely repeats
5 mins
January 06, 2026
Mint Mumbai
Banks may clock robust loan growth, liquidity stress in Q3
Banks set for steady recovery led by stable asset quality, healthy margin, strong capital buffers
3 mins
January 06, 2026
Mint Mumbai
Q4 turns crucial for realty cos
Timely launches and customer response to new residential projects are critical to boost H2FY26 pre-sales.
2 mins
January 06, 2026
Mint Mumbai
Buckle up: Turbulence in the East seems set to rise this year
East Asia will probably become more volatile as tensions deepen
3 mins
January 06, 2026
Mint Mumbai
The year Indian drug innovation bets started paying off
In July, Mumbai-headquartered Glenmark grabbed the spotlight when it signed what was one of the biggest out licensing deals for an Indian drug-maker with Chicago-based AbbVie Inc. for an underdevelopment cancer drug.
4 mins
January 06, 2026
Mint Mumbai
Saks CEO exits as co mulls bankruptcy
Saks Global Enterprises’ chief executive officer (CEO) Marc Metrick is stepping down from his role as the cash-strapped high-end retailer considers its restructuring options, including a Chapter II bankruptcy filing.
1 min
January 06, 2026
Listen
Translate
Change font size