President Donald Trump warned Treasury Secretary Scott Bessent that he could soon be out of a job after he advocated Federal Reserve Chairman Jerome Powell to continue on in his role, despite Trump’s displeasure.
“The only thing Scott’s blowing it on is the Fed, because the Fed, the rates are too high, Scott, and if you don’t get it fixed fast, I’m going to fire your ass, OK,” Trump said while speaking at the U.S.-Saudi Investment Forum on Wednesday at the John F. Kennedy Center for the Performing Arts.
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