U.S. Treasury Secretary warns that replacing Powell could lead to market instability

ChainCatcher news, according to Jinshi reports, Politico White House reporter Megan Messerly stated that U.S. Treasury Secretary Mnuchin privately warned that replacing Federal Reserve Chairman Powell could lead to market instability.
It is reported that Trump is also aware of this, so despite his renewed dissatisfaction with Powell, according to Messerly, Powell's position currently seems secure. Powell has consistently stated that he will not resign, and others have said that Trump does not have the power to dismiss him.