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Recently, a discussion between former U.S. President Trump and Treasury Secretary Basent regarding the future of Fed Chairman Powell has attracted widespread follow. Trump made a strong response on his social media platform Truth Social, denying the related report by The Wall Street Journal.
Trump stated in a post that the Wall Street Journal's report is inaccurate, and he does not need Bentsen or anyone to explain to him the impact of removing Powell on the market. He emphasized that his understanding of the market and American interests exceeds that of anyone else, and referred to Powell as 'the worst Fed chairman in history' and 'Mr. Too Late'.
In addition, Trump claimed that if it weren't for his efforts, the stock market might have collapsed instead of reaching its current historic highs. He called on the public to obtain real information and reiterated that he is an interpreter rather than an interpreted.
This event highlights Trump's ongoing attention and criticism of Fed policies, while also reflecting the tense relationship between him and mainstream media. As uncertainty in the U.S. economy and financial markets increases, the Fed's decision-making and the stability of its leadership will undoubtedly continue to be the focus of attention from all parties.