James Bullard, the former president of the Federal Reserve Bank of St. Louis, said Monday he’d spoken last week with Treasury Secretary Scott Bessent about becoming central bank chair, and that he’s very interested in the job under the right set of conditions.

“I talked to the Treasury secretary last Wednesday and his team” about the top Fed position as well as other issues, Bullard said in an interview with Reuters. Bullard, who is now Dean of the Mitch Daniels School of Business at Purdue University, led the St. Louis Fed from 2008 to 2023.

The Trump administration is currently interviewing candidates to replace Fed Chair Jerome Powell, whose term ends next May.

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(Reporting by Michael S. Derby; Editing by Nick Zieminski)