Trump Says Bessent Is 'an Option' for Fed Chair But Not His Top Choice -- WSJ

Dow Jones

2025/07/16

By WSJ Staff

President Trump said Scott Bessent could potentially lead the Federal Reserve but the former hedge-fund manager wasn't his top choice because he was doing a good job as Treasury secretary.

"Well he's an option. And he's very good," Trump said Tuesday, adding: "I do like the job he's done. So in that sense, probably not that much of an option."

Bessent is one of several candidates to replace Fed Chair Jerome Powell next year, alongside Kevin Hassett, a key economic adviser to Trump, and Kevin Warsh, a former Fed governor.

Both Bessent and Jamie Dimon of JPMorgan weighed in Tuesday on Fed governance and central-bank independence.

"He did a good job today. He's a very soothing force," Trump said of Bessent.

Go deeper on Dimon and the Fed:

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

July 16, 2025 05:16 ET (09:16 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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And he's very good,\" Trump said Tuesday, adding: \"I do like the job he's done. So in that sense, probably not that much of an option.\" \n</p>\n<p>\n     Bessent is one of several candidates to replace Fed Chair Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> next year, alongside Kevin Hassett, a key economic adviser to Trump, and Kevin Warsh, a former Fed governor. \n</p>\n<p>\n     Both Bessent and Jamie Dimon of JPMorgan weighed in Tuesday on Fed governance and central-bank independence. \n</p>\n<p>\n     \"He did a good job today. He's a very soothing force,\" Trump said of Bessent. \n</p>\n<p>\n      Go deeper on Dimon and the Fed: \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 16, 2025 05:16 ET (09:16 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Trump Says Bessent Is 'an Option' for Fed Chair But Not His Top Choice -- WSJ</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTrump Says Bessent Is 'an Option' for Fed Chair But Not His Top Choice -- WSJ\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-07-16 17:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n       By WSJ Staff \n</p>\n<p>\n     President Trump said Scott Bessent could potentially lead the Federal Reserve but the former hedge-fund manager wasn't his top choice because he was doing a good job as Treasury secretary. \n</p>\n<p>\n     \"Well he's an option. And he's very good,\" Trump said Tuesday, adding: \"I do like the job he's done. So in that sense, probably not that much of an option.\" \n</p>\n<p>\n     Bessent is one of several candidates to replace Fed Chair Jerome <a href=\"https://laohu8.com/S/POWL\">Powell</a> next year, alongside Kevin Hassett, a key economic adviser to Trump, and Kevin Warsh, a former Fed governor. \n</p>\n<p>\n     Both Bessent and Jamie Dimon of JPMorgan weighed in Tuesday on Fed governance and central-bank independence. \n</p>\n<p>\n     \"He did a good job today. He's a very soothing force,\" Trump said of Bessent. \n</p>\n<p>\n      Go deeper on Dimon and the Fed: \n</p>\n<p>\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 16, 2025 05:16 ET (09:16 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CHH","symbol_name":"精选国际酒店","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2551913149","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2551913149","pubTimestamp":1752657360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"President Trump said Scott Bessent could potentially lead the Federal Reserve but the former hedge-fund manager wasn't his top choice because he was doing a good job as Treasury secretary.\"Well he's an option. And he's very good,\" Trump said Tuesday, adding: \"I do like the job he's done. So in that sense, probably not that much of an option.\". Bessent is one of several candidates to replace Fed Chair Jerome Powell next year, alongside Kevin Hassett, a key economic adviser to Trump, and Kevin Warsh, a former Fed governor.Both Bessent and Jamie Dimon of JPMorgan weighed in Tuesday on Fed governance and central-bank independence.\"He did a good job today. He's a very soothing force,\" Trump said of Bessent.This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL .","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"CHH":"精选国际酒店","BK4142":"酒店、度假村与豪华游轮"},"translate_title":"特朗普表示贝森特是美联储主席的“选择”，但不是他的首选——华尔街日报","themeId":"1f7636b572d2521109f52f5155af0224","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CHH":1,"US12M.BOND":1,"US10Y.BOND":1,"US30Y.BOND":1,"US7Y.BOND":1,"US6M.BOND":1,"US2Y.BOND":1,"US3Y.BOND":1,"US5Y.BOND":1},"content_text":"By WSJ Staff \n\n\n     President Trump said Scott Bessent could potentially lead the Federal Reserve but the former hedge-fund manager wasn't his top choice because he was doing a good job as Treasury secretary. \n\n\n     \"Well he's an option. And he's very good,\" Trump said Tuesday, adding: \"I do like the job he's done. So in that sense, probably not that much of an option.\" \n\n\n     Bessent is one of several candidates to replace Fed Chair Jerome Powell next year, alongside Kevin Hassett, a key economic adviser to Trump, and Kevin Warsh, a former Fed governor. \n\n\n     Both Bessent and Jamie Dimon of JPMorgan weighed in Tuesday on Fed governance and central-bank independence. \n\n\n     \"He did a good job today. He's a very soothing force,\" Trump said of Bessent. \n\n\n      Go deeper on Dimon and the Fed: \n\n\n       This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage). \n\n\n  (END) Dow Jones Newswires\n\n\n  July 16, 2025 05:16 ET (09:16 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}