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Posted: 2025-07-24 10:11:28 UTC

This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-07-24 10:11:50 UTC
Verified By
Rollup News
SEC. BESSENT announced that Fed Chair Powell will be leaving his position next May, with a new nominee likely to be announced in December or January. The markets will then focus on the future Fed chair.
Fed Chair Powell's departure next May
Announcement of a new nominee in December or January
Markets focusing on the future Fed chair