U.S. Treasury Secretary Benson: Trump's mention of "terminating" Fed Chairman Powell may mean the expiration of his term
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Planet Daily News: U.S. Treasury Secretary Besent stated that he has not yet taken a stance on whether Trump has the legal authority to remove Federal Reserve Chairman Powell. Trump's mention of "terminating" the Fed Chairman may refer to Powell's term expiration. It is expected that the current tax policies will be extended, with a significant portion becoming permanent. Besent was not surprised by Trump's comments about the Fed Chairman, as Trump had previously expressed dissatisfaction with Powell's performance during his tenure. (Jin Shi)
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