Scott Bessent: “We inherited the worst budget deficit in history — in history — when we were not in a recession or not at war.”

The Harvard Square inflationista is offering a statistical sleight of hand, not a serious assessment of today’s U.S. economy.

Treasury continues to transform how the federal government protects taxpayer dollars by using better data, stronger controls, and advanced technology to stop fraud and improper payments before money goes out the door.

Today’s actions send a clear message that even the biggest financial institutions are not above the law.

I am the house now, so when we intervene with the Japanese yen, I have pretty good insight into what the Japanese, what the Bank of Japan is going to do, what Japanese policymakers are going to do.