From Bloomberg Markets and Finance.
US Treasury Secretary Scott Bessent says he’s confident President Donald Trump’s tax bill will be ready to sign by July 4. He also talks about the process of replacing Federal Reserve Chair Jerome Powell, bringing down government debt and reaching more trade deals. He speaks with Sonali Basak on "Bloomberg Open Interest."
00:00 Scott Bessent
00:30 Bessent on Big, Beautiful Bill
01:30 Bessent: we’re going to bring debt levels down
02:30 Bessent says spending bill will stimulate the economy
03:10 Bessent takes exception to idea that bill cuts medicaid
05:10 Bessent on bond markets
06:38 Bessent on Fed policy, Chair Jerome Powell
09:30 Bessent on trade war, tariffs
12:00 Bessent on housing market, Fannie & Freddie
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