MSNBC Host: Trump’s Treasury Sec ‘Looking for an Exit Door’
www.thedailybeast.com
Bessent could be the first Trump cabinet member to jump ship.

Summary

MSNBC host Stephanie Ruhle reported Treasury Secretary Scott Bessent may seek to exit the Trump administration after becoming the face of Trump’s sweeping tariff rollout, which triggered a market plunge.

Bessent, a wealthy hedge fund veteran, reportedly opposes Trump’s “absurd tariff math” and has lost influence in the inner circle.

While Bessent urged restraint, China retaliated with a 34% tariff, worsening the selloff.

Ruhle noted investor support for the tariffs is virtually nonexistent, calling the economic strategy damaging and politically driven.

    • Boddhisatva@lemmy.world
      5·
      2 days ago

      Look at the bright side. It’s only 577 days until the midterm elections when we can try and do something to change things in D.C.

      …I need a drink but I don’t think I can afford one right now.

    • theneverfox@pawb.socialEnglish
      1·
      2 days ago

      Yeah… Just wait for Monday, when everyone will have had time to look through what this really means for them and for the markets