Treasury Secretary Bessent: Need to examine whether the Fed as an institution has been successful

Federal Reserve & Monetary Policy - The report discusses the potential consequences of firing the Federal Reserve Chair, suggesting market instability [9] - The report mentions examining the entire Federal Reserve institution and its success in fulfilling its mission related to monetary policy, regulations, and financial stability [5][6] - The report highlights the perception of the Federal Reserve's mindset and questions its effectiveness, particularly regarding inflation management [7][8] Trade & Tariffs - The report addresses the possibility of extending tariff deadlines for countries engaged in productive trade talks [11] - The report suggests that higher tariff levels could pressure countries to reach better trade agreements [12] - The report cites a trade agreement with Indonesia involving the removal of 11,000 tariff lines, including non-tariff barriers, in exchange for agricultural and Boeing airplane purchases [13][14] - The report mentions a 19% tariff imposed on Indonesia, while they have zero tariffs on the US [14] Executive Decision-Making - The report emphasizes that the President solicits a range of opinions before making decisions [4]