[U.S. Treasury Secretary Besent: The Fed is not expected to take any swift action on the balance sheet] Odaily Planet Daily News - U.S. Treasury Secretary Besent stated that gold appears to be undergoing a typical speculative sell-off; observing that the cyclical components of the market are in an expansion phase; the Fed is not expected to take any swift action on the balance sheet. Confident that Walsh will remain highly independent. (Jin10)