PANews reported on May 3rd that, according to Jinshi, US Treasury Secretary Bessant expressed optimism that Powell would eventually leave the Federal Reserve in the near future. Powell's decision to remain on the Fed Board of Governors is unconventional and reflects a very optimistic view of the Fed under Warsh's leadership. Iran's attempts to impose tolls on ships have had little effect, and it is not surprised by the increased passage of ships through the Strait of Hormuz; the futures market predicts a drop in oil prices.