Big Take Podcast

Fed Chair Scott Bessent? The Race to Replace Jay Powell ​​​​​​

On today’s Big Take podcast, what President Trump’s search for the next Fed Chair says about the future of Fed independence.

Treasury Secretary Scott Bessent and US President Donald Trump

Photographer: Anna Moneymaker/Getty Images

Never miss an episode. Follow The Big Take daily podcast today.

President Trump says his decision on who will succeed Fed Chair Jerome Powell “is coming out very soon.” And according to new reporting from Bloomberg’s Nancy Cook and Saleha Mohsin, Treasury Secretary Scott Bessent is a contender for the job.