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cover of episode US Treasury Secretary Scott Bessent Talks Trump Tax Bill, Trade and the Fed

US Treasury Secretary Scott Bessent Talks Trump Tax Bill, Trade and the Fed

2025/6/30
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Bloomberg Talks
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Scott Besant: 我有信心税收法案将在7月4日签署生效，这要归功于特朗普总统的领导。我认为该法案是控制债务和促进经济增长的良好开端，我们将削减非必要支出，并努力降低债务水平。虽然一些机构预测经济增长低于2%，但我认为这是错误的。我相信通过税收改革和放松管制，我们可以加速经济增长，就像特朗普第一任期那样。我们致力于调整经济结构，让更多人重返工作岗位，并确保最需要帮助的人获得更多福利。通过加速经济增长，我们将改变债务动态，降低债务与GDP的比率，并控制赤字。

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Treasury Secretary Scott Bessent discusses the progress of the GOP tax bill, addressing concerns about its impact on the national debt. He expresses confidence in its passage and outlines the administration's plans to address the debt.
  • Confidence in tax bill passage by July 4th
  • 11% cut in non-discretionary spending as a start
  • Focus on debt-to-GDP ratio and deficit-to-GDP ratio reduction
  • Accelerated economic growth expected to improve debt dynamics

Shownotes Transcript

Treasury Secretary Scott Bessent indicated it wouldn’t make sense for the government to ramp up sales of longer-term securities given where yields are today, though he held out hope that interest rates across maturities will be falling as inflation slows. He spoke to host Sonali Basak about the yields, as well as the future successor for Fed Chair Powell, Trump's tax bill and the latest on trade deals.

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