[White House Insider Bannon Suggests Besent to Simultaneously Lead Treasury and Federal Reserve] Golden Finance reports that regarding who will succeed Federal Reserve Chair Jerome Powell next year, White House insider Steve Bannon has proposed an unconventional solution. In an interview, Bannon suggested that current Treasury Secretary Besent should take on the role of Federal Reserve Chair while retaining the position of Treasury Secretary. Bannon stated: "I firmly believe that during the transition period, Besent should simultaneously serve as Federal Reserve Chair and Treasury Secretary. Perhaps hold on until the midterm elections, then step down from the Treasury and fully take over the Federal Reserve." Bannon previously served as White House Chief Strategist during Trump's first term but was dismissed after only seven months. However, he still enjoys a certain level of respect within the U.S. government. A White House spokesperson responded: "The White House currently has no plans, nor has it ever considered such an arrangement." (CNBC)