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Scott Knows What You Wanna Hear
Scott Bessent gets it.
I mean, not the part about it being a potentially bad idea to let Elon Musk
Trump nominees would never resort to politicizing any of their duties. Just listen to their confirmation hearings. Why, just today, Kash Patel advanced one step closer to confirmation after giving assurances that he would undo the politicization of the FBI. Who are you going to believe given the forthright testimony from the long line of honest, upstanding political servants appointed by Trump?
Maybe I’m just old or don’t know much about past cabinets and scotus’s, but it doesn’t seem to be a problem now to do everything you said you wouldn’t in your hearings as soon as you get voted in. Who’s pretending anymore, you either have a party majority or you don’t. The country would be better served if the white house and senate were in different hands.
I thought the Fed was expected (needed to?) end QT some time in 2024. What is the current expected timeframe for ending QT – within “the next several quarters” ?