Opinion: Treasury chief Scott Bessent isn’t prioritizing the stock market. Here’s what he wants instead. - MarketWatch
1. Bessent's policies aim for a weaker dollar and lower bond yields. 2. Deregulation could boost lending and economic growth, impacting interest rates. 3. Bessent favors gradual reduction of the federal budget deficit. 4. Tariffs are promoted as long-term positives despite immediate pain. 5. Concerns about the Fed's independence are mostly overstated.