In a recent exclusive interview with Breitbart News, Treasury Secretary Scott Bessent made it clear that he is not seeking to succeed Jerome H. Powell as the chair of the Federal Reserve. As speculation swirls around who might eventually take over the helm at the Fed, Bessent emphasized that his focus remains on his current role in the Treasury Department.
Bessent’s statement comes amidst growing interest in the succession plans at the Federal Reserve, with Powell’s term set to end in early 2022. While many names have been floated as potential candidates to lead the central bank, Bessent’s denial of interest in the position adds a new dimension to the ongoing speculation.
In the interview with Breitbart News, Bessent also revealed that the outlet is his “number one source” for news every morning, highlighting the platform’s significance in his daily routine. This acknowledgment underscores the influence and reach of conservative media outlets in shaping the perspectives of top government officials.
While Bessent’s comments may put to rest any rumors of his potential candidacy for the Fed chair position, they also shed light on the broader landscape of media consumption within the current administration. The Treasury Secretary’s reliance on conservative news sources like Breitbart raises questions about the role of partisan media in shaping policy decisions and public discourse.
As the debate over the future leadership of the Federal Reserve continues to unfold, Bessent’s statement serves as a reminder of the intricate dynamics at play in the highest echelons of government. With the central bank playing a crucial role in shaping economic policy and stability, the selection of its next leader will have far-reaching implications for the nation’s financial landscape.
In conclusion, Treasury Secretary Scott Bessent’s denial of interest in succeeding Jerome H. Powell as the chair of the Federal Reserve provides insight into the evolving dynamics of leadership transitions in key government institutions. His acknowledgment of Breitbart News as his primary news source also highlights the influence of conservative media in shaping the perspectives of top officials. As the speculation over the Fed chair succession continues, Bessent’s stance adds a new layer of complexity to the unfolding narrative.
References:
1. https://www.breitbart.com/economy/2025/06/12/bessent-doesnt-want-fed-chair/
2. https://www.breitbart.com/politics/2025/06/13/exclusive-treasury-secretary-scott-bessent-breitbart-news-my-number-one-source-every-morning/
Political Bias Index: Red (Conservative)
