White House Denies Reports on Treasury Secretary as Fed Chair Candidate

According to Odaily, the White House has refuted reports suggesting that U.S. Treasury Secretary Besant is being considered as a candidate for the next Federal Reserve Chair. Sources had previously indicated that Jerome Powell's term as Fed Chair is set to expire in 2026, and Besant was mentioned as a potential successor. However, the formal interview process for selecting the next Fed Chair has not yet commenced.