According to the Wall Street Journal, US President Trump has not only placed greater reliance on Treasury Secretary Bessett but has also entrusted him with the heavy responsibility of addressing thorny economic issues, including high borrowing costs,

2026-10-07

According to the Wall Street Journal, US President Trump has not only placed greater reliance on Treasury Secretary Bessett but has also entrusted him with the heavy responsibility of addressing thorny economic issues, including high borrowing costs, persistent inflation driven by oil prices, and rapidly accumulating government debt. A senior government official who previously worked with Treasury Secretary Bessett stated that the burden of the president's entire economic policy agenda rests on the Treasury Secretary's shoulders.