Reported 6 months ago
Key Square Group LP founder Scott Bessent, a notable Donald Trump supporter, accused Treasury Secretary Janet Yellen of influencing the economy to benefit President Joe Biden's reelection, claiming she controlled monetary policy through Treasury issuances. Bessent, a potential pick for a top economic post in a second Trump administration, criticized Yellen's actions regarding debt issuance decisions and financial conditions, while also expressing views on economic policy under a potential Republican administration, tax cuts, student loans, tariffs, and ultra-long bonds.
Source: YAHOO