Trump treasury secretary 'repeatedly cautioned' him against move that would tank market

United States Treasury Secretary Scott Bessent has reportedly been trying to calm President Donald Trump's rage at Federal Reserve Chairman Jerome Powell due to the negative impacts it could have on the economy.

Politico reports that Bessent has "repeatedly cautioned" Trump against his desire to fire Powell, as doing so would likely set off panic in the global stock markets and further damage the American economy that has already been reeling from the president's trade disputes with nearly every country on the planet.