The US Treasury Secretary, Bessen, may be sidelined.
The Wall Street Journal on July 19 reported that sources said recently there have been rumors again that President Trump may fire Federal Reserve Chair Powell (Jerome Powell). Recently, Treasury Secretary Bessen privately advised Trump that there are possible judicial obstacles, political, economic and market impacts, and it is unnecessary to fire Powell.
On the 20th, Trump posted a harsh criticism: This has nothing to do with anyone's explanation. I know better than anyone what is good for the market and what is good for America. Without me, the market would not have hit new highs now, and it might have already collapsed! So get your information right, others don't need to explain to me, it's me who explains to others!
Trump's words imply that: don't teach me, I will teach others. According to Trump's personality, Bessen's position may be in jeopardy.
Original article: https://www.toutiao.com/article/1838252183502025/
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