💥 Breaking News:
🇺🇸Treasury Secretary Scott Bessent has cautioned President Donald Trump against investigating Fed Chair Jerome Powell. Bessent warns that such actions could destabilize financial markets. Any suggestion of political interference with the Federal Reserve could unsettle investors, heighten market volatility, and weaken trust in U.S. monetary policy.
Given the current market sensitivity, any challenge to the Fed's independence might lead to significant market reactions, affecting stocks, bonds, and cryptocurrencies. Wall Street is paying close attention to the potential conflict between political maneuvering and financial stability.
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