In the battle over the future of Federal Reserve Chair Jerome Powell, Treasury Secretary Scott Bessent appears to be focused on the long game. In an interview with Fox Business News on Tuesday, Bessent said he was not pushing Powell to leave his post.

You had Scott Bessant on the wire this morning, says that saying that he doesn't see a case for the Fed chair to step down at this moment. But I mean, we know which way the wind is blowing when it comes to the whims of this administration.