U.S. Treasury Secretary privately warns that replacing Powell could lead to market instability

2025-04-17 23:49:43 1 days ago CoinRank

CONTENT

CoinRank News: Politico White House reporter Megan Messerly wrote that U.S. Treasury Secretary Benson privately warned that removing Federal Reserve Chairman Powell could lead to market instability. Trump is reportedly aware of this, so although he is once again dissatisfied with Powell, according to Messerly, Powells position seems to be safe for now. Powell has always said that he will not resign, and others have said that Trump does not have the power to remove him. (Jin Shi)

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