According to CoinMeta, Finance Minister Scott Bessent and Federal Reserve Chairman Kevin Warsh have differing views on monetary policy. Warsh advocates for reducing the Fed's communication policies to allow the market to play a greater role, while Bessent has adopted a series of measures to support market functions. As the Trump administration intensifies its efforts to control long-term borrowing costs, analysts believe that the lack of concrete measures to address the expansion of the U.S. fiscal deficit makes such efforts less likely to succeed. Warsh plans to speak at the Jackson Hole annual meeting, emphasizing the importance of the bond market in setting interest rates. Bessent stated last week that the Treasury Department will at least double its repurchases of long-term debt, arguing that the rise in 30-year interest rates does not reflect fundamental economic conditions. Many investors believe that Bessent's strategy fails to address the underlying issues, suggesting that strong economic growth and persistent inflation are the main reasons for the increase in yields.