NextFin news, James Bullard, the former president of the Federal Reserve Bank of St. Louis, revealed on Monday that he met last Wednesday in Washington, D.C., with Treasury Secretary Scott Bessent to discuss the possibility of becoming the next chair of the Federal Reserve.
Bullard, who led the St. Louis Fed from 2008 to 2023 and is currently Dean of the Mitch Daniels School of Business at Purdue University, said in an interview with Reuters that he spoke with Bessent and his team about the top Federal Reserve position and other related issues.
The meeting took place amid the Trump administration's ongoing interviews for candidates to replace current Fed Chair Jerome Powell, whose term is set to expire next May.
Bullard expressed strong interest in the Fed chair role, emphasizing that he would consider the position under the right set of conditions.
The discussions between Bullard and Treasury Secretary Bessent mark a significant step in the selection process for the Federal Reserve's leadership, which plays a critical role in shaping U.S. monetary policy.
This information was reported by Michael S. Derby for Reuters and published by The Mighty 790 KFGO and MSN on Monday, September 15, 2025.
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Insights
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