Trump has stated that the president should have a say in interest rates and monetary policy, a move that would undermine the independence the Federal Reserve has enjoyed from the executive branch for a long time. Bessent does not seem to oppose Trump's view; he even criticized the Federal Reserve after its significant rate cut in September.
When Federal Reserve Chairman Powell's term ends in May 2026, Bessent will also be involved in helping Trump choose a successor for the Federal Reserve Chairman and will select at least three additional board members over the next four years. Trump has floated the idea of firing Powell, but Bessent has proposed a new idea. #非BTC板块市场走势 #比特币突破10万? #ETH市场新动向 #SOL创历史新高 #XRP与SEC新局面