Scott Bessent

[E]conomic security is national security, for a nation that cannot manufacture, mine, ship, or refine its needs gradually cedes its strength—and sovereignty—to others.

We measured abundance at the checkout counter rather than the factory gate.

We treated efficiency as a substitute for resilience, and consumption as a measure of prosperity.

All nations should reject Iran’s efforts to disrupt the free flow of commerce.

The U.S. will not tolerate any effort to impose a tolling system in the Strait of Hormuz.

The U.S. Treasury will aggressively target any actors involved—directly or indirectly—in facilitating tolls for the Strait and any willing partners will be penalized.

We’ve got a Warsh Fed now. It’s a new day at the Fed.

I predicted that gas and oil prices would come down very quickly after the conflict ends.

So, right now, there is proposed legislation in front of the House, in front of the Senate, to change the first requirement, so that a living person – Donald J Trump – could be on the $250 bill.

As treasury secretary, I have two mandates for US currency at present: that no living person can be on US currency, and the currency must say ‘In God we trust’.

So we have prepared in advance that if the legislation is passed. But we will stick to the law.

So right now, there is proposed legislation that is in front of the House, in front of the Senate, to change the first requirement so that a living person, Donald J. Trump, could be on the $250 bill.