Thursday, December 04, 2025

'Absolute moron': Analysts flag dangers of Treasury secretary's latest 'performance act'


Robert Davis
December 3, 2025 
RAW STORY


FILE PHOTO: U.S. Treasury Secretary Scott Bessent speaks to reporters at the White House in Washington, D.C., U.S., November 5, 2025. REUTERS/Kevin Lamarque/File Photo

Treasury Secretary Scott Bessent's recent interview with Aaron Ross Sorkin raised red flags for a pair of analysts on Wednesday.

Sorkin interviewed Bessent at The New York Times' DealBook Summit, an annual gathering of business leaders, where the Treasury secretary made a series of questionable claims, according to Jonathan V. Last and Tim Miller of The Bulwark. Among them: Bessent's defense of Trump's appearance at Tuesday's cabinet meeting — where he appeared to fall asleep — and suggestion that he doesn't read the news.

Miller described the interview as a "performance act" during a new episode of "Bulwark Takes." He pointed to Bessent's repeated attacks against the media.

"Scott Bessant and JD Vance are just condescending p----s with no sauce," Miller said. "And they think that they can borrow some of Trump's sauce by going into these interviews and instead of engaging with the questions that are being asked by a smart, fair person like Andrew Ross Sorkin and he's like, 'I'm just going to attack the New York Times and and then you know the MAGA Chuds are going to cheer for me and go, Yay, Scott Bessent.' No, it doesn't work. It's awkward. You seem weird."

Last also warned that Bessent's suggestion that he doesn't read the news was revealing for all of the wrong reasons. Miller wondered if Bessent would be trustworthy enough to guide the economy out of a true crisis.

"Everything is fine having this absolute moron as secretary of the Treasury so long as there's no crisis," Last said. "But if you wind up in a crisis where you know the president, the secretary of the Treasury, and the chairman of the Fed, what they say and their standing within the financial community is incredibly important because people need to be able to trust their representations."

'People are having trouble getting by': Conservative slams Trump's economy on Fox News



Robert Davis
December 3, 2025
  RAW STORY

FILE PHOTO: U.S. President Donald Trump smiles during an announcement about "Trump accounts", in the Roosevelt Room at the White House in Washington, D.C., U.S., December 2, 2025. REUTERS/Brian Snyder/File Photo

A conservative columnist on Wednesday slammed President Donald Trump's economy during an interview on Fox News.

Byron York, a columnist for The Washington Examiner, discussed Trump's economy during an interview on "The Ingraham Angle" with host Laura Ingraham. He noted that the economy is one area where the Republican Party is not addressing a lot of people's concerns, and that could be bad news for the party in the midterms.

"Look at credit card balances; they have gone up and up," York said. "People are using credit cards for essential items. Car loan delinquencies are going up. These are real indicators that people are having trouble getting by every single day."

Throughout his second term, Trump has repeatedly made misleading claims about the economy. For instance, he's claimed that the second administration "defeated inflation," even though economic data shows otherwise. He has also claimed unprecedented job growth, despite data from the Bureau of Labor Statistics showing job growth has been flat since he took office.

Fact-checkers have consistently challenged Trump's economic narratives, pointing out exaggerations about manufacturing job creation, trade deficits, and economic recovery.


York seemed to undercut Trump's narrative on inflation during the interview.


"The inflation that went up under Biden is still there," York said
.


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