On the recordJuly 22, 2025
There’s nothing that tells me that he should step down right now.
Said by
Scott Bessent
There’s nothing that tells me that he should step down right now.
Bessent discusses the future of Fed chairman Jerome Powell's position.
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These Trump Accounts are the most successful program launch in government history. We’ve seen seven million families sign up for them; we’re going to get to open enrollment and we will have 70 million families who have signed up for this.
If you insist on doing business with them—either transferring money, buying oil, doing seaborne ship transport—then the US Treasury and the US government, they will put its full might and force towards enforcing against you.
I don’t think you can be in a tit-for-tat with someone who’s 13 times larger than you are.