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Donald Trump’s Treasury pick says US should boost sanctions on Russian oil

Scott Bessent also tells US senators to extend tax cuts or face ‘economic calamity’



The text snippet highlights a conflict regarding economic policy in the hypothetical US political climate of 2025. Donald Trump's proposed pick for Treasury Secretary argues against unwinding previous tax cuts, claiming it would lead to a severe economic downturn. This stance contrasts with potential political pressure to modify or eliminate these tax cuts, especially in the context of considering stricter sanctions against Russian oil.

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