Bessent Sees New Financial Forces Strengthening Economy, Dollar
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I’m Chris Anstey, an economics editor in Boston. Today we’re looking at the US Treasury secretary’s endorsements of private credit and stablecoins. Send us feedback and tips to ecodaily@bloomberg.net. And if you aren’t yet signed up to receive this newsletter, you can do so here.
In the seemingly brief moments when Treasury Secretary Scott Bessent isn’t engaged in trade talks or meeting Republican lawmakers on tax legislation, he’s also offered some thoughts on implications from some newer elements of American finance.