Trump says Bessent is an option to replace Fed chair but I like the job he is doing as Treasury chief
Trump has plenty of choice. In Australia we’d refer to Bessent, Warsh, Hassett and the others jockeying for favour with Trump to be the new Fed Chair as a ‘Conga line of suckholes’. It’s a phrase coined by a former Australian Opposition Leader (Australian Labor Party (ALP) from 2003 to 2005).
More from Trump:
- pharma tariffs probably to start at month-end
- initial pharma tariffs will be low
- will release tariff letters for smaller countries soon
- probably set one tariff for all of them over 10%
This article was written by Eamonn Sheridan at www.forexlive.com.