Finance

Bessent quips to CNBC about his reported sizzling clashes: Treasury secretaries ‘have a historical past of dueling’

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Treasury Secretary Scott Bessent dismissed fresh experiences of sizzling arguments inside of President Donald Trump’s management, pronouncing disputes have been part of the standard push-and-pull of policymaking.

“Treasury secretaries dating back to Alexander Hamilton have a history of dueling,” Bessent joked Tuesday to CNBC’s “Squawk Box.” “I think with the President’s team, I turned out a little better for the Treasury’s side this time.”

“With President Trump’s team, just like any the great sports team, you can argue in the locker room, but we get out in the field and do the best for the President and the American people every day,” he stated.

Bessent’s remarks come upcoming fresh tales impressive a layout of fiery confrontations between him and alternative Trump officers, together with Federal Housing Finance Company well-known Invoice Pulte, over the path of monetary coverage and affect in Trump’s orbit. Tempers flared all through conferences this summer season the place Bessent reportedly threatened to punch Pulte in the face.

A hedge capitaltreasury veteran, Bessent become Treasury Secretary in January. He has been chief business negotiations for the management.

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