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Business / The Economic Times

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Trumps Fed choice intensifies pressure on Treasury Secretary Bessent

President Donald Trump is intensely focused on lowering interest rates. He has tasked Treasury Secretary Scott Bessent with finding a new Federal Reserve chair. Trump wants swift rate cuts to boost the economy. The selection process is crucial, with potential candidates signaling willingness to align with Trump's agenda. The chosen nominee faces pressure to deliver.

4 Dec 2025 10:25 am