Trump’s Approval Rating Crashes Among Young Voters
Bessent responded to concerns about a potential recession by arguing that the manufacturing sector was already in a downturn under the previous administration. His administration’s plan, termed “reprivatization,” involves deficit reduction, federal workforce streamlining, and bank deregulation to stimulate private sector growth. Lower interest rates, inflation, and energy prices are anticipated as a result of these policies. This approach aims to create an environment where the private sector can overcome the economic slowdown.