The Trump administration is focused on keeping Treasury yields low, not on what the Federal Reserve does. Treasury Secretary Scott Bessent says President Trump won't push the Fed to cut rates like he did before. They are looking at the 10-year Treasury yield. The Fed has cut rates in the past, but Trump now wants to use fiscal policy to keep rates low. Bessent said Trump is not calling for the Fed to lower rates anymore. Instead, they want to deregulate the economy, pass tax bills, lower energy costs, and reduce the deficit to help rates stay low. They want to make the Tax Cuts and Jobs Act permanent and focus on energy exploration. They are trying to prevent the 10-year yield from going above 5 percent, which could hurt the economy. Trump initially wanted lower rates, but now he is agreeing with the Fed's decision to keep rates steady. This could be good for the markets. Overall, the administration's main goal is to keep interest rates low by focusing on fiscal policies and preventing the 10-year Treasury yield from going up too high. This could help the economy grow and keep things stable.