Top Fed Official Confirms The Bank Is Ready To Bail Out Trump

In this news:

Donald Trump’s escalating global trade war has pushed markets to the brink this week, causing a spiralling U.S. dollar "confidence crisis" amid fears of "collapse."
The Federal Reserve, which stepped in to calm markets during the Covid panic, is closely watching the $29 trillion Treasury market for signs convulsions caused by Trump’s tariffs could turn into a full-blown financial crisis (while Wall Street braces for a looming “existential” threat).
Now, as Treasury secretary Scott Bessent issues a surprise prediction, a top Federal Reserve official has said it “would absolutely be prepared" to step in to rescue markets if U.S. president Trump’s trade war threatens the financial system.
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