Bessent speaking in a Fox Business interview
- Hopeful Miran can be confirmed by Senate for Fed seat before September meeting
- Fed should think about a 50 basis point cut in interest rates in September
- Casting a wide net for Fed governor opening, Trump has very open mind
- Will meet again with Chinese officials in next two or three months
- Will need to see months, if not a year, of progress on fentanyl flows before Chinese tariffs come down
This article was written by Eamonn Sheridan at investinglive.com.