President Trump said he has four finalists in mind to replace Fed Chair Jerome Powell while ruling out Treasury Secretary Bessent as a possibility.

Trump said the White House was looking at four candidates to replace current chair Jerome Powell, whose term as chair ends in May 2026, but Treasury Secretary Scott Bessent was no

The Treasury Secretary has said he has "the best job in Washington," although he has often been floated as a name for the top job at the central bank.