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🔵 Treasury Secretary Bissent: The Federal Reserve Chair Has Only One Vote

U.S. Treasury Secretary Bissent stated that the change in the Chair of the Federal Reserve is not a pivotal step as it is portrayed in the media, emphasizing that the noise surrounding this issue is greater than its actual impact on the economic scene.

He added that the Federal Reserve Chair has only one vote within the decision-making committee, while monetary decisions are characterized as a collective effort that does not rely on a single individual.

Bissent pointed out that he remains the calmest and most balanced man within the current U.S. administration in dealing with the economic issue, noting that he plays a key role in shaping economic policies and enjoys close proximity and trust from President Trump, which makes his voice clearly heard within decision-making circles.