The surprising move this week by Treasury Secretary Scott Bessent to intervene in Treasury markets to lower the cost of government debt undercuts the credibility of Federal Reserve Chairman Kevin Warsh to make interest-rate policy, experts said.
JD Vance Says $40 Trillion U.S. 'Debt Bomb' Is Biden's Fault, And Critics Are Tired Of The Blame Game HuffPostVance: Bessent has ‘very discreet plan' to shrink $40 trillion national debt The HillBessent says there's a 'very good chance' U.S. budget deficit under Trump has peaked CNBCHow Much the National Debt Grew Under Trump and Biden Time Magazine
