Scott Bessent: “The market consistently underestimates Donald Trump.”

I don’t think you can be in a tit-for-tat with someone who’s 13 times larger than you are.

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.

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…

Carney came to power on an anti-American, anti-Trump agenda. He was 20 points behind in the polls, and then he started this.