Bessent Emphasizes Importance of Dollar's Global Role for US Economy

Reported about 11 hours ago

Scott Bessent, nominated by Donald Trump for Treasury Secretary, will address a Senate committee emphasizing the critical need to maintain the US dollar as the world’s reserve currency for the health of the US economy. He plans to outline strategies for securing supply chains and deploying sanctions to address national security while advocating for tax cuts and investment over excessive spending, highlighting the urgency to make the 2017 Tax Cuts and Jobs Act permanent.

Source: YAHOO

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