Nov. 25 (UPI) -- Treasury Secretary Scott Bessent said Tuesday President Donald Trump is likely to select the next chair of the Federal Reserve before Christmas. Bessent made the remarks in an interview on CNBC , where he offered an update on his work overseeing the search for a successor to Jerome Powell , the current chair whose term ends in May 2026. Trump has pressured Powell to lower interest rates, raising questions about the independence of the nation's central bank. In the interview,

Tag-uri: Donald Trump