Bessant again urged the Federal Reserve to cut interest rates to support Trump's new policies.

Mars Finance reported on January 8th, citing CNBC, that US Treasury Secretary Bessant urged the Federal Reserve to continue cutting interest rates, further pressuring US monetary policymakers. Bessant stated that lower interest rates are "the only missing element for stronger economic growth, and that's why the Fed shouldn't delay." In his speech, Bessant also indicated that 2026 will witness the "rewards" of Trump's "America First" agenda. According to CNBC, the Treasury official stated that Trump's tax cuts, trade agreements, and deregulation agenda last year "laid the foundation for strong economic growth." Bessant has been leading the government's candidate selection process to succeed Powell as chairman after his term expires in May. The Treasury official has repeatedly echoed Trump's calls for lower interest rates. (Jinshi)