Trump urges Bessent to "convince" Powell to drop the Intrerest Rate as soon as possible.

According to Gold Finance, on November 20, at the Saudi-US Investment Forum held at the Kennedy Center, Trump stated in a speech that he would like to fire Fed Chairman Jerome Powell, but Treasury Secretary Scott Bastian is obstructing him. Trump urged Bastian to “convince” Powell to drop interest rates as soon as possible and threatened that if the Fed does not lower rates, he will fire Bastian, “You have to convince him, Scott's only screw-up is the Fed. Because the Fed's interest rates are too high, Scott. If you don’t resolve this issue quickly, I’m going to fire you.”