Part 5/8:
When addressing concerns regarding the so-called "end of American exceptionalism," particularly regarding the perceived weakening of the dollar and fluctuations in Treasury yields, Faulkender remained steadfast. He asserted that the United States maintains its status as the world's reserve currency and recognized the ongoing importance of U.S. markets. He downplayed recent selling in the Treasury bond markets, noting that recent auctions had been successful and indicating that the auction process remains robust.