Bessent for Treasury Secretary

This seems like a moderate pick. Wonder how long he will last and if his reputation will hold up. Everybody that is moderate seems to walk away with egg on their Brioni suits.

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The German article shows why CEOs will be cheering.
Moderate? Depends on your definition of moderate.

Whilst on the campaign trial, he told voters backing Trump would mean see a “new golden age with de-regulation, low-cost energy, low taxes”.

He told Bloomberg in August that he joined Trump’s campaign in order to help counter the mounting US national debt, which would include slashing government programs and other spending.

“This election cycle is the last chance for the US to grow our way out of this mountain of debt without becoming a sort of European-style socialist democracy,” he said at the time.

Bessent said a top priority would be to ensure that tax cuts brought in during Trump’s first time in office do not expire at the end of next year.

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It’s a scale somewhere between this…

and this…

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I can’t believe the appointment, given he ever worked for Soros, which certain Shiny factions paint at the root of all evil.

Steve

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He really thinks that is going to happen, and not massive tax cuts first?

Steve

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Bridges for sale in Brooklyn… He is BUYING !!!