'Detached from reality': REACTION to Trump blaming SURGING mortgage rates on Obama and Biden
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The trade deficit has now hit a 17-month high and the U.S. 30-year mortgage rate hit its highest level in nearly three years. Also, The Wall Street Journal has a new reporting on Scott Bessent’s tenure as head of the Treasury department. Vice President of General Economics at the Cato Institute Scott Lincicome and Bloomberg Businessweek Journalist Max Chafkin join Stephanie Ruhle to weigh in.
My comments:
The staggering incompetence of Scott Bessent as head of the U.S. Treasury!