Scott Bessent

Macro

Treasury Secretary Bessent Defends Tax Cuts as Debt Servicing Hits $1 Trillion, Markets Price Rate Hikes

Federal interest payments now second-largest spending category while FY2026 deficit tracks toward $2.1 trillion despite tariff revenue gains.

7 min read ·
Breaking Geopolitics Macro

Bessent’s China Framework Targets Sectors, Not Blanket Tariffs — But Hawks May Block It

Treasury Secretary's approach manages competition through semiconductors, EVs, and rare earths while commodity markets price in implementation risk.

6 min read ·