📉 U.S. Treasury Secretary Scott Bessent, a former hedge fund manager, is reportedly planning his departure from the Trump administration following backlash over controversial 'reciprocal tariffs,' The New Republic revealed. With tensions rising over trade policies, insiders say Bessent feels isolated—and may be eyeing a future role at the Federal Reserve to save his reputation.
💥 The drama started after President Trump announced a 10% baseline tariff on nearly all foreign goods, a move Bessent warned could ignite global trade wars. But his advice fell on deaf ears as international leaders faced pressure to retaliate—a scenario Bessent called 'economically dangerous.'
🔥 MSNBC’s Stephanie Ruhle highlighted Bessent’s growing frustration during Morning Joe, noting his alarm over recent market crashes. The Dow Jones and Nasdaq just suffered their worst days since 2020, rattling investors worldwide. Bessent once downplayed tariffs as 'price adjustments,' but experts argue they hit everyday Americans hardest, especially those relying on affordable imports.
🤔 Will Bessent’s exit signal deeper cracks in U.S. economic strategy? Stay tuned as this story unfolds. 🌍💼
