Treasury Secretary Scott Payet discusses the latest inflation numbers, searching for the new Federal Reserve Chair and the United States of China’s commercial conversations about “Kudlo”.
US Treasury Secretary of Scott Pesin He was not ashamed to talk about the policies of the federal reserve and the continuous financial strength during an interview with him recently on “Kodlow”.
“The important thing to remember is that we have two seats. So, there is a seat for the chair, after which there will be another appointment, so we are already getting two appointments and President Trump will have the majority of the Board of Directors in the capital,” said Pisint on Tuesday.
He added: “The formation of the Federal Reserve will change, and the narration will change.”
On the same day, President Donald Trump told the White House correspondents that he would decide a candidate for the Conservative Council at the Federal Reserve by the weekend, while the president is looking for the alternative to the chairman Jerome Powell before he left Powell in May.
The markets will now bet on the price reduction in September after the disappointing jobs report
The next board candidate is also likely to be a great competitor to the position of the chair that will be opened soon.
US Treasury Secretary Scott Bessin and US President Donald Trump look at the White House digital assets in the White House on March 7, 2025. (Getty Images)
Pesin said he is Stephen Miran recommendedThe current head of the White House National Economic Consulting Committee, because he is “studied, systematic, and has a lot to say about the federal reserve.”
“I think its date was, Kudlo’s reaction,” I believe I sincerely think that Jay Powell duck … (Miran) smart chapters, your leg was for CEA, and now you put it on the federal reserve. I think it changes everything, and I think it makes the first duck a lame. “
“Well, see,” bessent started responding. “We have seen with these great economic reviews, and I am sure that we will return and talk about the quality of bad data because if we have the original numbers, the federal reserve may be in June, July. So I think the real thing now to think is, do we have to get 50 basis points in September to compensate for the delay and the absence of data?”
Treasury Secretary Scott Bessin opens up the state of the American economy and negotiations with other countries on a “special report”.
Trump rose on Tuesday as well Press it on Powell To reduce interest rates, a threat to allow a lawsuit for a $ 3.1 billion central bank renewal project to move forward.
Trump took the social truth of the Powell explosion, which refused to control rates despite the repeated demands by the president because inflation is still fixed, holding 2.7 % in July.
“Jerome” is very late, “he must now reduce Powell average.”
Bessent confirmed that Trump has a “very open mind” when it comes to the one who will soon lead the central bank.
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The “Kudlow” committee, which includes Era Stoll and Steve Forbes, refers to concerns about the accuracy of BLS data, the choice of President Donald Trump to the Federal Governor Council and their expectations for the economy.
“He even thought about the redistribution of Janet Yellen. So, we want to see what everyone thinks about,” said Pesin. “It is not an ideology, it is related to the economy, what is best for the American people, what is best for the economy.”
“While I talk to the candidates, I look at three things: monetary policy, organizational policy, the ability to run, renew the organization and renew it. It has become truly inflated, and I think this bloating endangers its critical independence.”
Michael Durgan in Fox News contributed to this report.
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