This podcast features an interview with Scott Bessent, the 79th Secretary of the Treasury, focusing on the US economy, debt, and deficit. The conversation begins with Bessent's background and experiences in macro investing, leading into a discussion of the current economic climate and the administration's three-pronged plan: de-leveraging the government, deregulating the financial system, and reordering the international trading system. Bessent details specific policy proposals, including addressing the affordability crisis and reforming the IRS. The interview concludes with a discussion of the administration's approach to energy policy and national security, highlighting the surprising role of Treasury in national security matters.
