The U.S. Treasury Secretary recently addressed several key p
Satoshi Nakatoto
Updated at: 7 hours ago
{"content":"The U.S. Treasury Secretary recently addressed several key points regarding Jerome Powell's tenure, upcoming tariff decisions, and international trade negotiations:
Jerome Powell's term expires in May 2026, and the next opportunity to appoint a new Fed member arises in January.
I’m not going to deal in hypotheticals (regarding Jerome Powell's resignation).
I don't know who leaked the information about me and Trump's conversation with Powell In any case, the decision on Powell is the president's prerogative.
I’m meeting with Federal Reserve leadership tonight.
If we change course on tariffs at the last minute from August 1st, higher duties could only increase pressure on the economy.
Our goal is not the domestic policies of other countries, but the most advantageous deals for the United States.
Europe was quite slow from the beginning But now they have become much more active and engaged in the process.
I think Europe is interested in accelerating negotiations And it doesn't necessarily have to turn into a conflict.
For me, it's more important to conclude quality agreements than to simply meet the August 1st deadline.
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