The US-Canada trade talks have gone a bit quiet since last week's meeting between Carney and Trump but Canadian officials said they were continuing to work on a deal that was focused on steel, aluminum and maybe more.
The comment from Bessent confirms that talks haven't broken down.
He also confirmed that the Fed chairman search has been narrowed to 5 candidates. He said that will be narrowed to 2-3 people in December. A report last week said the 5 candidates were:
- Michelle Bowman
- Christopher Waller
- Kevin Hassett
- Kevin Warsh
- Rick Rieder
