BlockBeats news, on December 19, BitMEX co-founder Arthur Hayes posted on social media that Powell is not as cooperative with Trump as he is with Biden. But it doesn’t matter, Trump’s nominee for Treasury Secretary Scott Bessent will check Powell like the “bad girl” Yellen.
A simple way for the Trump team not to rely on the Fed to print money:
· End the custody of Fannie Mae and Freddie Mac
· Devalue the dollar against gold
· Relax the supplementary leverage ratio (SLR) exemption