We do not ask bankers to assume the burdens of border enforcement, but we depend on banks to do what you do best: know your customers, identify risks as they arise, and report suspicious patterns before they metastasize into criminal schemes.
Scott Bessent: “We do not ask bankers to assume the burdens of border enforcement, but we depend on banks to do what you do best: know…”
Editor's note · Context
Remarks to Arizona bankers on financial responsibilities.
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Our message is clear: the Trump administration will identify and disrupt any cartel actor who threatens our security or the integrity of our financial system.
President Trump believes that the American dream belongs to every child and every family," Bessent said at a news conference at the state Capitol.
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.
Unequivocally no cuts in Social Security," he said. "The Trump accounts are a supplement, not a substitute… if they have maintained their Trump accounts into retirement age, then they will also have a substantial nest egg that they can…