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Event Brief

Bessent to push residency requirement for Fed bank presidents

The Trump administration aims for more control over the US Federal Reserve through residency requirements.
WHO: Bessent, Trump administration
WHAT: Push for residency requirement for Federal Reserve bank presidents
WHEN: Dec 2, 2025 at 7:00 PM ET
WHERE: United States
WHY: To increase control over the US Federal Reserve
Sources (1): Al Jazeera

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