Trump: Bessent an option to replace Fed chair but I like the job he's doing at Treasury

Trump says Bessent is an option to replace Fed chair but I like the job he is doing as Treasury chief

Trump has plenty of choice. In Australia we'd refer to Bessent, Warsh, Hassett and the others jockeying for favour with Trump to be the new Fed Chair as a 'Conga line of suckholes'. It's a phrase coined by a former Australian Opposition Leader (Australian Labor Party (ALP) from 2003 to 2005).

More from Trump:

• pharma tariffs probably to start at month-end
• initial pharma tariffs will be low
• will release tariff letters for smaller countries soon
• probably set one tariff for all of them over 10%