MSNBC's Ruhle: Treasury Secretary Bessent Looking for an Exit Amid Tariff Chaos
- U.S. Treasury Secretary Scott Bessent is reportedly considering leaving the Trump administration after the president announced a "reciprocal tariff," raising economic concerns, according to The New Republic.
- MSNBC contributor Stephanie Ruhle stated that Bessent feels isolated and may seek to maintain his credibility, possibly moving to the Federal Reserve.
- Bessent warned that the tariff policy, involving a 10 percent baseline on foreign goods, could escalate global trade tensions and damage markets.
- Experts, including Ruhle, highlighted that these tariffs are detrimental to vulnerable Americans reliant on affordable imports for daily needs.
15 Articles
15 Articles
Treasury Sec'y Bessent Reported to be Freaking Out, May Quit
Trump doesn’t like it when his cabinet and staff quit on him; it makes him look bad. His first term was notorious for the number of people who up and left. Maybe he thought that looking first for loyalty would save him the embarrassment this time...
Wall Street Gets Rude Shock as Bessent Plays Second Fiddle on Tariffs
From the moment President Donald Trump unveiled his sweeping tariffs Wednesday through the ensuing market mayhem the following day, Treasury Secretary Scott Bessent’s phone lit up with text messages from executives tied to his former industry.
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