Treasury Secretary Scott Bessent told Breitbart News exclusively that President Donald Trump’s administration is "laser-focused" on cutting the deficit and getting spending "under control," part of his larger vision of "reprivatization" of the U.S. economy so economic growth is no longer dependent on government spending but instead on private sector growth. The post Exclusive — Secretary Bessent on ‘Reprivatization’ of Economy: ‘We Are Laser-Focused on Getting this Deficit Under Control’ appeared first on Breitbart.
Treasury Secretary Scott Bessent told Breitbart News that the Trump administration is "laser-focused" on cutting the deficit through "reprivatization" of the U.S. economy, reducing reliance on government spending and bolstering private sector growth. Bessent aims to cut government spending, deregulate the banking system to encourage private sector lending, and shift excess government labor to the private sector.
