Bessent says interviews for 'incredible group' of potential Fed chairs will start after Labor Day

1. Fed chair candidates being interviewed, with 11 strong candidates in consideration. 2. Administration pushing for interest rate cuts to stimulate housing market. 3. Current Fed chair Powell's term lasts until May 2026; changes expected sooner. 4. Next Fed meeting on Sept. 16-17 may result in significant interest rate reduction. 5. Powell's upcoming speech may hint at Fed's future rate decisions.