Scott Bessent said to be in the race for next Fed chair. What it means for stock market investors
- Posted on June 11, 2025
- By Business News Today
- 1 Views
Scott Bessent said to be in the race for next Fed chair. What it means for stock market investors
Scott Bessent, currently the U.S. Treasury Secretary, has emerged as a strong candidate to succeed Jerome Powell as Federal Reserve chair, sparking speculation about a potential shift towards a more dovish monetary policy. This possibility has boosted tech stocks, fueled by expectations of interest rate cuts.
