Bessent says Federal Reserve Board could 'veto' future regional presidents

Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve’s regional bank ...

Bessent says White House may 'veto' Federal Reserve presidents

Treasury Secretary Scott Bessent said Wednesday he would push a new requirement that the Federal Reserve’s regional bank ...
Finance & Commerce

Treasury’s Bessent pushes Fed residency rule for regional presidents

Treasury Secretary Bessent proposes requiring Fed regional bank presidents to live in their districts for three years, ...

Bessent plans to push residency requirement for regional Fed bank presidents

U.S. Treasury Secretary Scott Bessent on Wednesday said he plans to advocate for a requirement that the 12 regional Federal Reserve bank presidents reside in their districts for at least three years ...

Scott Bessent is proposing new requirement that could give White House more influence over Federal Reserve appointments

Treasury Secretary Scott Bessent has proposed that the US Fed's regional bank presidents must reside in their districts for ...
MortgagePoint

Treasury Secretary: Fed Board Could ‘Veto’ Future Regional Presidents

The proposal would allow the Fed Board, and effectively the White House, to veto candidates who haven’t lived three years in their district.