Fed's Waller: Treasury role is Treasury's business
Fed Governor Waller said Treasury's actions are Treasury's business and short-run interventions “don’t do much,” while the prerogative is Bessent's.
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Fed Governor Waller said Treasury's actions are Treasury's business and short-run interventions “don’t do much,” while the prerogative is Bessent's.
Fed's Waller: Short-run interventions don't do much, but it's Bessent's prerogative to do it.