US Treasury Secretary warns that replacing Powell could lead to market instability

2025-04-17 15:43

Politico White House reporter Megan Messerly stated in an article that US Treasury Secretary Besson privately warned that replacing Federal Reserve Chairman Powell could lead to market instability. According to reports, Trump is also aware of this, so although he is once again dissatisfied with Powell, according to Messerly, Powell's position currently seems secure. Powell has always said that he will not resign, and others have also said that Trump does not have the power to dismiss him.

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