WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Tuesday said he was hopeful the Senate would confirm Stephen Miran, now chair of the Council of Economic Advisers, to fill a temporary vacancy on the Federal Reserve board before its next meeting in September.

Bessent told Fox Business that President Donald Trump was casting a wide net for another permanent appointment to the Fed board that will open in January, and was keeping a very open mind. He had even considered nominating former Fed Chair Janet Yellen, he said.

"It's not ideological. It's about economics, what's best for the American people; what's best for the economy," Bessent said.