Scott Bessent, Donald Trump’s nominee for Treasury Secretary, said, “Americans are barreling toward an economic crisis at year-end,” as he emphasized the importance of extending Trump’s tax cuts. Testifying Thursday before the Senate Finance Committee, Bessent also spoke of what he sees as the federal government’s “significant spending problem,” the need to secure supply chains, and “carefully” deploying sanctions.
Bessent Sees US Economic Crisis if Tax Cuts Not Extended
Estimated read time
1 min read
You May Also Like
Ghia's Secret to Success in Non-Alcoholic Market
January 16, 2025
UK watchdog scrutinises investment trusts’ battle with US hedge fund
January 16, 2025
+ There are no comments
Add yours