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Mr. Sparkle

(3,444 posts)
Sun Apr 6, 2025, 08:32 AM Apr 6

Top Trump Official So Freaked Out by Tariffs, He Wants to Quit

Treasury Secretary Scott Bessent may be planning to cut and run after Donald Trump’s disastrous “reciprocal tariff” announcement earlier this week.

During an appearance on MSNBC’s Morning Joe Friday, contributor Stephanie Ruhle reported that the key Cabinet member is already looking for an escape hatch.

“My sources say that Scott Bessent is kind of the odd man out here and, in the inner circle that Trump has, he’s not even close to Scott Bessent or listening to him,” Ruhle said. “Some have said to me, he’s looking for an exit door to try to get himself to the Fed, because in the last few days he’s really hurting his own credibility and history in the markets.”

To be sure, Trump’s tariff policy represents a sort of defeat for Bessent, a former hedge fund manager who entered office under the delusion that he might actually succeed in stopping Trump from wrecking the economy. Should he flee the administration now, he would likely forfeit what little credibility remains.

more... https://newrepublic.com/post/193634/donald-trump-treasury-scott-bessent-tariffs-quit

22 replies = new reply since forum marked as read
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Top Trump Official So Freaked Out by Tariffs, He Wants to Quit (Original Post) Mr. Sparkle Apr 6 OP
I've lost track of the number of people who took jobs in the first Trump administration under the delusion they might sop Apr 6 #1
Bessent has no credibility to lose UpInArms Apr 6 #2
I would think the opposite PJMcK Apr 6 #3
trump would just say that he doesn't know the guy but may have brought tinymontgomery Apr 6 #4
He wants to leave and NOT criticize tRump. He would want something like a quiet Fed seat for 4 years Bernardo de La Paz Apr 6 #12
K&R UTUSN Apr 6 #5
He was on Meet the Press and gave full throated trmp support. spanone Apr 6 #6
We don't know if he nervously threw up in the green room. . . . . nt Bernardo de La Paz Apr 6 #13
I just was going to post this senseandsensibility Apr 6 #18
I saw him being interviewed and to nearly every question he responded, "I don't know." Vinca Apr 6 #7
Same. I've heard a couple of clips of him being interviewed on Bloomberg Mike 03 Apr 6 #10
Bessent's biggest hedge fund success came when he teamed up with... allegorical oracle Apr 6 #8
But he also tanked a couple of hedge funds flamingdem Apr 6 #21
"I want to be in hiding somewhere.very far away when people start waking up about this " struggle4progress Apr 6 #9
I doubt this. He's already saying prices won't go up. AllyCat Apr 6 #11
"Every thing Trump touches..." RainCaster Apr 6 #14
Everyone who joined the regime . . . peggysue2 Apr 6 #15
Sounds more like a guy paying a PR firm ... krkaufman Apr 6 #16
I don't think many of them will be there long... IrishAfricanAmerican Apr 6 #17
Oh? He didn't like getting his face eaten, even after he was warned he'd get mauled? sakabatou Apr 6 #19
Scott Bessent in every job interview for the rest of his life: LudwigPastorius Apr 6 #20
I hope Scott knows that wherever he goes in life bronxiteforever Apr 6 #22

sop

(14,781 posts)
1. I've lost track of the number of people who took jobs in the first Trump administration under the delusion they might
Sun Apr 6, 2025, 08:44 AM
Apr 6

actually succeed in stopping Trump from wrecking something or other. Bessent might be the beginning of the second Trump administration exodus.

PJMcK

(23,791 posts)
3. I would think the opposite
Sun Apr 6, 2025, 09:07 AM
Apr 6

If Bessent were to leave and publicly criticize Trump for his tariffs that might refurbish his credibility slightly.

tinymontgomery

(2,822 posts)
4. trump would just say that he doesn't know the guy but may have brought
Sun Apr 6, 2025, 10:03 AM
Apr 6

trump a his coffee once. Then the maga crew will come out with the knives and go after him.

Bernardo de La Paz

(56,545 posts)
12. He wants to leave and NOT criticize tRump. He would want something like a quiet Fed seat for 4 years
Sun Apr 6, 2025, 11:20 AM
Apr 6

Like since Rex Tillerson left the Secretary of State position, we have hardly heard a peep out of him.

senseandsensibility

(22,584 posts)
18. I just was going to post this
Sun Apr 6, 2025, 02:15 PM
Apr 6

so I'm glad you did. Not only that, he did a horrible job of gaslighting. Real deer in the headlights stuff.

Vinca

(52,255 posts)
7. I saw him being interviewed and to nearly every question he responded, "I don't know."
Sun Apr 6, 2025, 10:30 AM
Apr 6

He may be the sole normie accidently installed in the administration and now being ostracized. Of course I'm kidding.

Mike 03

(18,488 posts)
10. Same. I've heard a couple of clips of him being interviewed on Bloomberg
Sun Apr 6, 2025, 10:37 AM
Apr 6

radio and he sounded like the proverbial deer caught in the headlights. He's also way too civil and polite (in general) to remain part of this administration.

The markets are going to go bananas again if he flees.

allegorical oracle

(5,153 posts)
8. Bessent's biggest hedge fund success came when he teamed up with...
Sun Apr 6, 2025, 10:31 AM
Apr 6

wait for it...George Soros. They made a $1 billion deal in the pound sterling market.

Irony never dies.

AllyCat

(17,984 posts)
11. I doubt this. He's already saying prices won't go up.
Sun Apr 6, 2025, 11:10 AM
Apr 6

Republicans always lie and will always do the wrong thing.

peggysue2

(11,951 posts)
15. Everyone who joined the regime . . .
Sun Apr 6, 2025, 11:36 AM
Apr 6

Has already torched their credibility.

It's not as if they can rely on 'we didn't know how crazy he was' or pretend that Project 2025 wasn't lurking in the background. They came, they saw, they hopped on board.

Because power, money, billionaire dreaming.

Bessent can run but he cannot hide.

IrishAfricanAmerican

(4,257 posts)
17. I don't think many of them will be there long...
Sun Apr 6, 2025, 01:54 PM
Apr 6

That appears to be the M.O. for Trump administrations. No one sticks around long.

LudwigPastorius

(12,714 posts)
20. Scott Bessent in every job interview for the rest of his life:
Sun Apr 6, 2025, 02:54 PM
Apr 6

"Hey, give me a break! I only wore that swastika armband for a few months."

bronxiteforever

(10,505 posts)
22. I hope Scott knows that wherever he goes in life
Sun Apr 6, 2025, 03:33 PM
Apr 6

to the American people he will always be a fucking idiot.

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