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Event Brief

Bessent rules out Fed chair role, praises Saudi deal

Treasury Secretary Scott Bessent confirmed he won’t seek the Fed chair role and praised Saudi Arabia's $1T investment.
WHO: Scott Bessent
WHAT: Confirmed he is not seeking the Federal Reserve chair role
WHEN: Nov 18, 2025 at 7:00 PM ET
WHERE: United States
WHY: To focus on other responsibilities and acknowledge Saudi investment
Sources (1): Fox News

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