White House: Reports that Treasury Secretary Benson is considered a candidate for next Fed chairman are untrue
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White House: Reports that U.S. Treasury Secretary Becent is considered a candidate for the next Federal Reserve Chair are not true. Previously, sources indicated that Powell's term as Federal Reserve Chair will expire in 2026. Treasury Secretary Becent is considered one of the potential candidates for the next Federal Reserve Chair. The formal interview process for the next Federal Reserve Chair has not yet been initiated.
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