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Treasury Secretary Benson said the administration will submit a slate of three to four Federal Reserve candidates for President Trump‘s interviews following the Fed Chair’s next round of briefings during an Asia trip, signaling a formalized interview process and timeline. Benson emphasized that the primary qualification for the next Fed Chair is an “open mind,” coupled with proven management capabilities to oversee the central bank’s operations. The December recommendation, expected after Thanksgiving, reflects coordination between the Treasury and the White House and underscores the administration’s focus on leadership continuity in monetary policy governance. Market participants should interpret the development as procedural confirmation rather than a policy shift.
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