Trump urges Bessent to "persuade" Powell to lower interest rates as soon as possible

Jinse Finance reported that at the US-Saudi Investment Forum held at the Kennedy Center on November 20, Trump stated in his speech that he wanted to fire Federal Reserve Chairman Jerome Powell, but Treasury Secretary Scott Besant prevented him. Trump urged Besant to "convince" Powell to lower interest rates as soon as possible, and threatened that if the Federal Reserve did not cut rates, he would fire Besant: "You have to convince him. The only thing Scott messed up was the Federal Reserve. Because the Fed's interest rates are too high, Scott. If you don't fix this soon, I'm going to fire you."