Part 14/16:
Looking ahead, Bessent provided insights into the selection process for the next Federal Reserve chair. He emphasized the importance of candidates with an open mind and management skills, citing Alan Greenspan's flexibility during the 1990s as a benchmark.
He noted that the pool of candidates has narrowed to five, with final selections expected after upcoming international conferences in Asia. The aim is to find a leader capable of guiding monetary policy through complex economic cycles, balancing inflation control with fostering growth.