Part 1/9:

America’s Fiscal Challenges: A Calm Warning from Trump’s Treasury Nominee

Last Friday, Scott Bessent, Trump’s nominee for Treasury Secretary, addressed the Senate for his confirmation hearing. While Bessent's appearance was generally confident, he underscored a crucial issue: America's escalating public debt. He articulated that the enormous debt challenge implies that the country would be "hard pressed to borrow its way out of another crisis," signaling a clear need to "get our fiscal house in order."