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Shocking Refusal: Scott Bessent Rejects Fed Chair Role, Sparks Rumors of Internal Tensions

Desi Rossilawati
Rabu, 6 Agustus 2025 | 16:04 WIB
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Shocking Refusal: Scott Bessent Rejects Fed Chair Role, Sparks Rumors of Internal Tensions
VISI.NEWS | BANDUNG - U.S. President Donald Trump revealed that Treasury Secretary Scott Bessent has declined to be considered for the position of Chair of the Federal Reserve (The Fed). The announcement came during an exclusive interview with CNBC. “Scott Bessent wants to stay at the Treasury Department and not move to The Fed,” Trump said briefly but firmly during the interview. The rejection has sparked speculation among political and economic analysts. Many are now questioning whether Bessent’s decision signals strategic disagreements with Trump or suggests internal pressures within the administration that have not yet been disclosed. Scott Bessent is known as a key figure in shaping the current fiscal policy and had been widely seen as a leading candidate to replace the outgoing Fed Chair later this year. His refusal has now shifted the focus toward other potential nominees. Sources close to the matter suggest that Bessent prefers to continue his fiscal reform efforts at the Treasury rather than take on the politically charged role at the central bank. While Trump gave no further comments regarding Bessent’s decision, analysts interpret this as a possible sign of strained relations among top economic officials within the Trump administration. Not financial advice do your own research @gvr

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