Group 1 - U.S. Treasury Secretary Becerra expressed optimism about the possibility of a 50 basis point rate cut by the Federal Reserve in September [2] - Becerra indicated that the Fed's rates should be 150 to 175 basis points lower than current levels, suggesting that the Fed should have cut rates earlier if the data were accurate [2] - The entire U.S. Treasury yield curve may shift downward, with the 10-year Treasury yield reflecting the credibility of the U.S. Treasury and the Federal Reserve [2] Group 2 - Trump is considering 11 candidates for the Federal Reserve Chair position, including previously undisclosed candidates such as David Zervos, Larry Lindsey, and Rick Rieder [3] - Other candidates include current Fed officials and former economic advisors, with Becerra set to interview all candidates and submit a final list to the President [3] - The longer the selection process takes, the less likely it is that the so-called "shadow Fed Chair" will be appointed before Powell's term ends, which could disrupt monetary policy [3]

Group 1 - The U.S. Treasury Secretary, Bessent, expressed optimism about the possibility of the Federal Reserve lowering interest rates by 50 basis points in the upcoming September meeting [4] - Bessent indicated that the Federal Reserve's rates should be 150 to 175 basis points lower than current levels, suggesting that the Fed should have acted sooner based on accurate data [4] - The entire U.S. Treasury yield curve may shift downward, with the 10-year Treasury yield reflecting the credibility of the U.S. Treasury and the Federal Reserve [4] Group 2 - Trump is considering 11 candidates for the Federal Reserve Chair position, including previously undisclosed candidates such as David Zervos, Larry Lindsey, and Rick Rieder [6] - Other candidates include current Federal Reserve officials and former economic advisors, with Bessent responsible for interviewing candidates and submitting a final list to the President [6] - The selection process may take a considerable amount of time, potentially delaying any changes in monetary policy [6]

Group 1 - The U.S. Treasury Secretary, Becerra, mentioned that there are 10 to 11 candidates being considered for the successor to the Federal Reserve Chairman Powell, whose term ends in May next year [1] - The list includes three previously unannounced candidates: David Zervos, Larry Lindsey, and Rick Rieder, alongside eight confirmed candidates including Vice Chair Bowman and Governor Waller [1] - The selection process involves Becerra meeting all candidates to narrow down the list before presenting it to President Trump, indicating that the decision is not imminent and may take considerable time [1] Group 2 - Becerra stated that the Federal Reserve's interest rates should be 150-175 basis points lower than current levels, suggesting a potential for a 50 basis point cut starting in September [2] - Analysts believe the likelihood of a 50 basis point cut in September is nearly zero, requiring a weak non-farm payroll report for such a move [2] - Becerra also indicated that the Federal Reserve does not need to reimplement large-scale asset purchases (QE) and is supplementing fiscal cash through short-term Treasury bill issuance [2]

Group 1 - The U.S. Treasury Secretary, Janet Yellen, has refrained from disclosing the names of candidates for the Federal Reserve Chair position, including that of Bowman [1]

Group 1 - The U.S. Treasury Secretary, Janet Yellen, indicated that there are many qualified candidates for the position of Federal Reserve Chair [1] - The process of evaluating potential candidates for the Federal Reserve Chair will begin in the fall [1]