The relationship between Bessent and Warsh may be deteriorating.
“If timing is everything in love, the bromance between Bessent and Warsh may be coming to an end,”
The Fed chair communicates too little while the Treasury secretary communicates too much.
“You have a Fed chair who doesn't say enough and a US Treasury secretary who says too much,”
The Federal Reserve and Treasury Department are pursuing conflicting objectives.
“The Fed and Treasury are working at cross purposes, which is not productive,”