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🇺🇸 Bessent, U.S. Treasury Secretary, says in CNBC interview that "at the end of the day, it's Trump's decision on Powell" regarding the Federal Reserve. 🏦💼🇺🇸
US Trsy Sec Bessent On WSJ Fed Report: At The End Of The Day It Is Trump’s Decision On Powell – CNBC - We Need To Examine The Entire Federal Reserve - Will Be At Fed Monday Night
US Treasury Secretary Bessent on WSJ Fed report: At end of the day it's Trump's decision on Powell.
U.S. Treasury Secretary Bessent said in a 21 July CNBC interview that President Donald Trump will make the final decision on whether Jerome Powell remains as chair of the Federal Reserve. The comment followed a Wall Street Journal report examining potential changes at the central bank. Bessent added that the administration intends to "examine the entire Federal Reserve" and confirmed plans to be at the Fed on Monday night, signaling that discussions about the institution’s leadership and policy direction are accelerating.
