Nick's latest tweet https://(x.com)/nicktimiraos/status/1946657603884306630? S=46&t=k6rimWsEbo2D2tXolYcM-A Why did Besant dissuade Trump from firing Powell? There are several reasons:) Federal Reserve officials have suggested that they may cut interest rates twice before the end of the year: Powell will cut interest rates without being fired. Why take the risk? 2) Dismissal of Powell may trigger market panic: investors may perceive presidential intervention in monetary policy as detrimental to the independence of the financial system. 3) Legal procedures are troublesome: Powell can sue, and the lawsuit may drag on until spring - coinciding with the end of Powell's term. 4) Dismissed Powell, there is no guarantee that a successor will be quickly confirmed. According to current laws, the Vice Chairman of the Federal Reserve exercises his powers in the absence of the Chairman. Vice Chairman Jefferson was appointed by Biden and is also an ally of Powell. It can be seen that Besant did not support Trump much, but weighed the advantages and disadvantages and told Trump that he would not necessarily get what he wanted. After all, time is on Trump's side, and every day, Powell's term of office is one day less. I have to say that Trump has rational adults like Besant https://((x.com))/qinbafrank/status/1922078377407561973? s=46&t=k6rimWsEbo2D2tXolYcM-A， It is the blessing of Trump and the market.