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
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    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.