Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis

Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis Hello people in the world, today Random Find Truth will provide information about the correctness and important updated opinions that you must read with the title Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis that has been Random Find Truth analysis, search and prepare well for you to read all. Hopefully information from Random Find Truth about Articles Prophecy, the Random Find Truth write you can make us all human beings who are knowledgeable and blessed for all.

Title : Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis
Link : Treasury Secretary Bessent says White House is heading off a ‘guaranteed’ financial crisis

Treasury Secretary Scott Bessent said Sunday that the Trump administration is focused on preventing a financial crisis that could be the result of massive government spending over the past few years.

“What I could guarantee is we would have had a financial crisis. I’ve studied it, I’ve taught it, and if we had kept up at these spending levels that -- everything was unsustainable,” Bessent said on NBC’s “Meet the Press.” “We are resetting, and we are putting things on a sustainable path.”

President Donald Trump has made getting the government’s fiscal house in order a priority since taking office. He created the so-called Department of Government Efficiency, led by Elon Musk, to spearhead job cuts and early retirement incentives across multiple federal agencies. Still, the U.S. debt and deficit problem worsened during Trump’s first month in office, as the budget shortfall for February passed the $1 trillion mark. (Read More)