Scott Bessent Says Trump Has 'Great Confidence' in Fed Chair Kevin Warsh After Rate Hike: 'He Will Do the Right Thing'
Bessent backed Fed Chair Warsh after a quarter-point hike, while Trump sought lower rates; policymakers signaled another increase could come.
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Why It Matters
The government's money person says Trump trusts the new Fed leader. People who run banks might raise interest rates again soon.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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