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US Treasury Secretary Bessent: Trump has confidence in Fed Chair Warsh
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US Treasury Secretary Scott Bessent stated that President Donald Trump has full confidence in Federal Reserve Chair Kevin Warsh, specifically in the context of potential interest rate hikes. The remark, reported by financial news outlet Jin10, underscores the administration's stance on monetary policy and its support for the current Fed leadership. The statement comes amid ongoing discussions about the direction of interest rates and the central bank's independence. Bessent's comment directly attributes the expression of confidence to Trump, indicating alignment between the White House and the Federal Reserve on key economic policy matters. The brief but direct quote serves as a signal of the administration's position regarding the Fed's decision-making process.
Source report
Key Points:
- Bessent commented on the Federal Reserve's interest rate hikes
- He stated that President Trump has full confidence in Federal Reserve Chair Walsh
Full Statement:
US Treasury Secretary Bessent addressed questions regarding the Federal Reserve's interest rate policy, stating that President Trump also has full confidence in Federal Reserve Chair Walsh.
Source
金十数据Neutral / independent
Part of this Story
Trump expresses confidence in Fed Chair Warsh, says he hopes he maintains independence