Bessent takes running for office 'off the table' but stays open to Fed chairman

Treasury Secretary Scott Bessent ruled out a run for office, but said he was open to serving as Federal Reserve chairman.

Bessent has gained popularity beyond Trump’s base as a capable technocrat within the Trump administration, fueling speculation that he may run for office after he leaves the position. In an interview with the Wall Street Journal, the Treasury Secretary waved off the possibility, saying he had no interest in running for the presidency or any other elective office.