Sublime

🇺🇸 all-in takes dc! @chamath and @friedberg sat down with @USTreasury secretary @SecScottBessent for an incredible long-form interview -- main street vs wall street -- the trump admin's economic strategy -- scott's involvement in the... See more

President Trump has chosen the investor Scott Bessent to be his Treasury Secretary, one source tells @MarkHalperin. https://t.co/XD7PiFR8zp

Scott Bessent speaks to legends like Druckenmiller many times a week, and is one of the smartest men alive about how our economy and global finance work. He’s a patriot and legend in his own right; very lucky to have him joining this admin. Trump 2.0 coming out of the gate A+.

Bessent was hired to strengthen the dollar by doing the opposite of all the warning signs he saw in the British Pound. Inflated housing markets, treasury yields, etc. all pointed to the big short that the Soros fund pulled off. Bessent's obsession with the prices of homes and the interest... See more

BESSENT: “Over the medium term, which is what we’re focused on, it’s a focus on Main Street. Wall Street’s done great, Wall Street can continue to do fine, but we have a focus on small business and consumers. We are going to rebalance the economy.” Short-term pain is their plan. https://t.co/HKHCEiB9O7

Scott Bessent — Trump's pick for Treasury Secretary — is one of the top macro investors of our time. @TotemMacro was mentored by Bessent and explains some of the concepts and frameworks that made him an elite investor. https://t.co/sn6ahZfstz

Before Scott Bessent became US Treasury Secretary he wrote this: From his January 2024 Key Square Capital Management letter: “We believe that this inappropriately easy policy inflated the dot-com equity bubble…” “Our base case is that a re-elected Donald Trump will want to create an economic lollapalooza and engineer... See more