Bessent defends Trump's 'economic rebalancing'
Treasury Secretary Scott Bessent defended what he called President Trump’s “economic rebalancing” in an opinion piece released Sunday amid growing concerns regarding his handling of the economy.
In The Wall Street Journal, Bessent said that the president “wants to ensure working families aren’t left behind in the next era of economic growth — as many were in the last.”
“In the first 100 days of his presidency, we have laid the groundwork to rebalance global trade, restore America’s industrial base, and build an economy that allows Wall Street and Main Street to rise together. To understand the urgency of this economic rebalancing, it’s critical to understand why it is necessary in the first........
© The Hill
