U.S. Treasury Secretary Scott Pisent confirmed that ongoing trade talks with China are moving in a positive direction, emphasizing that the United States seeks to establish high-quality trade agreements rather than rushing into signing them, even if it means missing a set deadline of August 1. Pisent stated that the European Union has become more involved in the negotiations, pointing out clear signs of European willingness to accelerate trade talks, which enhances the likelihood of reaching understandings in the near future. In reference to monetary policy, the Treasury Secretary announced his intention to visit the Federal Reserve headquarters this evening without providing additional details about the nature of the visit or whether it will include meetings with Federal Reserve Chairman Jerome Powell or other council officials. Regarding the fate of the Federal Reserve Chairman, Pisent clarified that the decision to dismiss Jerome Powell ultimately rests with President Trump at a time when expectations are rising about potential changes in the leadership of monetary policy in the upcoming period. The statements of the U.S. Treasury Secretary reflect the current trends of the Trump administration towards accelerating trade negotiations while simultaneously emphasizing the importance of the quality of deals, which marks a notable shift in the White House strategy compared to previous periods. It is worth noting that Pisent is considered one of the top candidates to succeed Jerome Powell as the Federal Reserve Chairman.