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Trump relies on Besant to address borrowing costs, inflation, and debt challenges

Trump relies on Besant to address borrowing costs, inflation, and debt challenges

智通财经智通财经2026/10/07 01:21
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According to The Wall Street Journal, U.S. President Trump is not only relying more heavily on Bessent, but has also given him the responsibility of tackling complex economic issues such as high borrowing costs, persistent inflation driven by oil prices, and the rapidly accumulating government debt. A senior government official who has worked with Treasury Secretary Bessent stated that the entire burden of the administration’s economic policy agenda rests on the shoulders of this Treasury Secretary.

According to The Wall Street Journal, US President Trump not only relies more heavily on Bessent but also entrusts him with the difficult task of solving tough economic problems, including high borrowing costs, persistent inflation driven by oil prices, and rapidly accumulating government debt. A senior government official who has worked with Treasury Secretary Bessent stated that the burden of the president’s entire economic policy agenda rests on this secretary’s shoulders.
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