CryptoWorld News reports that U.S. Treasury Secretary Bessent said that if the soon-to-step-down Federal Reserve Chair Powell were to remain a member of the Federal Reserve Board, it would be extraordinary. He pointed out that, for someone who has long emphasized regulation, Powell’s unilateral decision would run counter to tradition. Kevin Wush will bring a new atmosphere to the Federal Reserve through a clear accountability system, effective management mechanisms, and steady policy formulation.

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