Bessent: Senate Will Be Happy With Any of Four Fed Candidates

Jan. 18, 2026, 3:00 PM UTC

The Senate will be “quite happy” with any one of the four “great” candidates the Trump administration is considering to replace Federal Reserve Chair Jerome Powell, Treasury Secretary Scott Bessent told NBC News.

  • “I believe we will probably be hearing from the banking committee soon” on what they would like to see, Bessent says
  • Bessent calls for oversight of the Federal Reserve, noting the institution can print its own money

To contact the reporter on this story:
Sam Kim in New York at skim609@bloomberg.net

To contact the editors responsible for this story:
Kasia Klimasinska at kklimasinska@bloomberg.net

Wendy Benjaminson

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