Reported about 13 hours ago
In his first few weeks as Treasury chief, Scott Bessent has navigated significant turbulence, including Elon Musk's scrutiny of federal spending and the unpredictable trade policies of the Trump administration. Despite challenges, Bessent aims to project stability, advocating a strong dollar policy and promising safe Treasury operations amid Musk's access to payment systems. He maintains that efforts to identify wasteful spending will lead to substantial savings, while downplaying concerns about potential politicization within the agency.
Source: YAHOO