Commentator Bill Bessent has revised his stance on Federal Reserve Chair Jerome Powell's job security, suggesting Powell no longer needs to resign. This shift comes as President Trump has seemingly softened his rhetoric regarding Powell's potential dismissal. The reasons behind Bessent's change in opinion are not explicitly stated, but it coincides with a broader trend of diminished public pressure on Powell to step down. The situation highlights the complex interplay between political influence and the independence of the Federal Reserve.