Paul Tudor Jones Sees Bessent as Trump Pick for Fed Chair

Paul Tudor Jones said President Donald Trump is likely to appoint an “uber dovish” Federal Reserve chair to accommodate his growth agenda, contending that Treasury Secretary Scott Bessent would likely be his pick when Jerome Powell’s term ends next year.

Jones, 70, said in an interview with Bloomberg Television Wednesday that two people being floated for the appointment — Bessent and Kevin Warsh, a former member of the Fed Board of Governors — are “fabulous names.” But Trump’s focus on growth and loyalty make Bessent a stand-out candidate, Jones said.