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When asked about JP Morgan CEO Jamie Dimon this past week predicting a debt market crisis, Treasury Secretary Scott Bessent tells Margaret Brennan: "I've known Jamie a long time, and for his entire career he's made predictions like this. Fortunately, none of them have come true. That's why he's... show more

Face The Nation

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24,364 görüntüleme • 1 yıl önce •via X (Twitter)

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FreedomForAll profil fotoğrafı

FreedomForAll1 yıl önce

@margbrennan Marge is pessimistic with a passion to see America fail under the current admin. She’s irrelevant and always wrong.

Steve Ban profil fotoğrafı

Steve Ban1 yıl önce

@margbrennan He ate you for lunch Brennan!

@normalusguy profil fotoğrafı

@normalusguy1 yıl önce

@margbrennan Brennen is an idiot . She proves the ignorance of the media every time she opens her pie hole

USA profil fotoğrafı

USA1 yıl önce

@margbrennan She got owned

The Liberation Project profil fotoğrafı

The Liberation Project1 yıl önce

𝑴𝑺𝑵𝑩𝑪 𝑮𝒖𝒆𝒔𝒕 𝑻𝒆𝒍𝒍𝒔 𝒕𝒉𝒆 𝑻𝒓𝒖𝒕𝒉 𝑨𝒃𝒐𝒖𝒕 𝑾𝒆𝒂𝒍𝒕𝒉𝒚 𝑬𝒍𝒊𝒕𝒆𝒔 Scott Galloway, multi-millionaire professor gives dire warning about the decline of American capitalism and wealth inequality. ★ NEW ARTICLE ⬇️

David Matheny profil fotoğrafı

David Matheny1 yıl önce

@margbrennan Remember that the budget deficit is the annual amount by which taxes fail to cover necessary spending. Saying a tax bill "will not increase the deficit" just means we won't dig the hole any faster. We need tax bills that stop deficits, to actually stop increasing our total debt.

R Jeff Clark profil fotoğrafı

R Jeff Clark1 yıl önce

@margbrennan Bessent is so full of 💩

dorothy metzger profil fotoğrafı

dorothy metzger1 yıl önce

@margbrennan The inflation numbers are the best!! Face the Nation is so negative!! Thank you @SecScottBessent for staying focused.

Spencer profil fotoğrafı

Spencer1 yıl önce

@margbrennan Watch @margbrennan interview w Marty - she has no clue what’s her questions. Apparently she likes be shot daily for covid 19 vaccines

Beth *** profil fotoğrafı

Beth ***1 yıl önce

@margbrennan what an ugly smug bitch u r

Manbearcrypto profil fotoğrafı

Manbearcrypto1 yıl önce

@margbrennan pretty hot take

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🇺🇸SEC BESSENT: TRIMMING THE DEFICIT Secretary of the Treasury, Scott Bessent: “The deficit this year is going to be lower than the deficit last year, and in 2 years it will be lower again. We didn’t get here in 1 year, and this has been a long process. The goal is to bring it down over the next 4 years, leave the country in great shape in 2028.” Souce: Rapid Response 47, Treasury Secretary Scott Bessent, Face the Nation

🇺🇸SEC BESSENT: TRIMMING THE DEFICIT Secretary of the Treasury, Scott Bessent: “The deficit this year is going to be lower than the deficit last year, and in 2 years it will be lower again. We didn’t get here in 1 year, and this has been a long process. The goal is to bring it down over the next 4 years, leave the country in great shape in 2028.” Souce: Rapid Response 47, Treasury Secretary Scott Bessent, Face the Nation

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🚨 HOLY CRAP! The Trump White House just STUNNED Fake News Margaret Brennan, revealing the U.S. budget deficit will be $600 BILLION down this year KEVIN HASSETT: "It's looking like the deficit for this year will be $600B lower than it was last year! That really helps lower inflation." "We've got the trade deficit cut in half from last year." "All of these things are things that should continue to move us towards the Fed target of 2%." Don't let the "Experts" lie to the American people. 🇺🇸🇺🇸

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China will make “substantial” purchases of U.S. soybeans, Treasury Secretary Scott Bessent tells Margaret Brennan after trade talks with Chinese counterparts in Malaysia, adding that the global soybean market has been brought “back into equilibrium.” “Soybean farmers are going to be extremely happy with this deal for this year and for the coming years,” Bessent says.

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Meiselas: Trump Media stock is down nearly 70% over the past year. He's running the U.S. just like that. This guy's a con artist. He's a fraud. He's quite literally a criminal. He's a felon. He lies. And he destroys people's lives. This is what he does. He's a rug puller. He tells you, 'Look at this $23 trillion, you're going to be rich! Dividend checks are right around the corner! I'm gonna make you so wealthy!' It is demented and it is manipulative and it is abusive — and that's his skillset. He is a destroyer of the biggest kind, and he is destroying the United States.

Meiselas: Trump Media stock is down nearly 70% over the past year. He's running the U.S. just like that. This guy's a con artist. He's a fraud. He's quite literally a criminal. He's a felon. He lies. And he destroys people's lives. This is what he does. He's a rug puller. He tells you, 'Look at this $23 trillion, you're going to be rich! Dividend checks are right around the corner! I'm gonna make you so wealthy!' It is demented and it is manipulative and it is abusive — and that's his skillset. He is a destroyer of the biggest kind, and he is destroying the United States.

MeidasTouch

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When asked how much the Trump administration's plans to double the tariffs on foreign steel and aluminum imports will impact the construction industry, Treasury Secretary Scott Bessent tells Margaret Brennan: "Is it going to impact the construction industry? Maybe. But it's going to impact the steel industry in a great way."

When asked how much the Trump administration's plans to double the tariffs on foreign steel and aluminum imports will impact the construction industry, Treasury Secretary Scott Bessent tells Margaret Brennan: "Is it going to impact the construction industry? Maybe. But it's going to impact the steel industry in a great way."

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.James Talarico: John Cornyn said my plan to lower taxes for working Americans would ’explode the deficit.’ My question to Senator Cornyn is, were you worried about the deficit when you gave $1 trillion in tax cuts to the top 1 percent? Were you worried about the deficit when you started spending $1 billion a day on this new war in Iran? John Cornyn is never worried about the deficit when it comes to billionaire tax cuts or new foreign wars — but when we start talking about lowering gas prices for working people, suddenly he's a deficit hawk. We should lower the deficit, and we should do it by closing billionaire tax loopholes and ending this disastrous new war. John Cornyn has had 40 years in public office. That's longer than I've been alive. And under his leadership, Texans are drowning. The only people doing well are billionaires and defense contractors. John Cornyn has had 40 years to lower the cost of housing, healthcare, groceries, utilities, and gas. What's the holdup?

.James Talarico: John Cornyn said my plan to lower taxes for working Americans would ’explode the deficit.’ My question to Senator Cornyn is, were you worried about the deficit when you gave $1 trillion in tax cuts to the top 1 percent? Were you worried about the deficit when you started spending $1 billion a day on this new war in Iran? John Cornyn is never worried about the deficit when it comes to billionaire tax cuts or new foreign wars — but when we start talking about lowering gas prices for working people, suddenly he's a deficit hawk. We should lower the deficit, and we should do it by closing billionaire tax loopholes and ending this disastrous new war. John Cornyn has had 40 years in public office. That's longer than I've been alive. And under his leadership, Texans are drowning. The only people doing well are billionaires and defense contractors. John Cornyn has had 40 years to lower the cost of housing, healthcare, groceries, utilities, and gas. What's the holdup?

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The government shutdown is starting to affect the economy, Treasury Secretary Scott Bessent says, calling it a “global embarrassment,” but he tells Margaret Brennan it won’t hurt President Trump’s “ability on the international stage” as he negotiates with China’s Xi Jinping this week. Asked if Trump will meet with congressional leaders when he gets back to the U.S., Bessent says, “I don't know what good it does to summon them to the White House.”

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.Treasury Secretary Scott Bessent at Davos: "There's rarely been a more compelling case for investing in America, and we invite you all to join in this 250th year — and to be a part of the next 250 years."

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Rapid Response 47

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Mark Carney blames the U.S for the crisis we're in, says he's getting spending under control and Canada's fiscal situation is great. Best in the G7. This is after everyone else says his budget will be a disaster and the deficit will be insane. The only crisis here is Carney!

Mark Carney blames the U.S for the crisis we're in, says he's getting spending under control and Canada's fiscal situation is great. Best in the G7. This is after everyone else says his budget will be a disaster and the deficit will be insane. The only crisis here is Carney!

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JPMorgan CEO rejected Jeff Bezos offer to be Amazon CEO, to invest $60M of his own money into a bank - now that same bank - JPMorgan - is worth $700B and moves $10 trillion a day a young 32-min Jamie - all his personal rules that led him to become the world's best banker this is the first lecture from the moment Jamie Dimon was hired as JPMorgan CEO save this - it's the best biography of one of the greatest on Wall Street

JPMorgan CEO rejected Jeff Bezos offer to be Amazon CEO, to invest $60M of his own money into a bank - now that same bank - JPMorgan - is worth $700B and moves $10 trillion a day a young 32-min Jamie - all his personal rules that led him to become the world's best banker this is the first lecture from the moment Jamie Dimon was hired as JPMorgan CEO save this - it's the best biography of one of the greatest on Wall Street

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.Treasury Secretary Scott Bessent stuns at Trump's Cabinet meeting with the latest figures on tariff revenue "You have leveled the international trading system whereby countries took advantage of us, and that's over. It's over. The Treasury Department is taking in record tariff revenues, that I had been saying was running at a rate of $300 billion a year... We had a substantial jump from July to August, and I think we're gonna see a bigger jump from August to September. I think we could be on our way, well over half a trillion, maybe towards the trillion-dollar number. This administration, your administration has made a meaningful dent in the budget deficit. The average budget deficit during this term is 26% less than the last 12 months under Biden. And even the CBO, and we don't agree with CBO on everything, as you said... had to admit that they believe, over the next 10 years, the budget deficit will be $4 trillion lower than they had previously scored. $4 trillion. $3.3 trillion of tariff income, $700 billion of lower interest costs. And I would expect that that number could go up from here."

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DOES JOHNSON EVEN CARE? Chicagoans tell me they are not buying what Mayor Brandon Johnson is selling. I asked Mayor Johnson why he is prioritizing migrant spending over public safety. He claims he's not! Then I asked him- when he's put Chicago in a $223M budget deficit this year and a nearly $1B budget deficit next year - why his first move was to put a freeze on hiring cops when we are down 2000 officers and 150 of them are guarding him! Again, he said he's not! Then he proceeded to detail all the money he's spending to create a one-shelter system for migrants and resident homeless. Many people say that's so he can continue to commingle these funds. Today, Johnson is at the Mayor's Migration Council in New York - a coalition to "accelerate ambitious global action on migration and displacement," which he said wasn't his priority. But he made sure the city's contract with Shotspotter ended last night even though the public wanted it. He says he's sending out an Request for Information for alternative first responder tech. One - why did he wait and two - there's nothing like ShotSpotter. Huh and huh? #thatreporter

Reporter William J. Kelly #thatreporter

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Hoover (Hoover Bucs Football) should be one of the teams to watch again this year, and ATH Jonah Winston (Jonah "JP" Winston) is going to be a threat once again. He's motivated by last year's setbacks to help the Bucs return a title to the Met.

Hoover (Hoover Bucs Football) should be one of the teams to watch again this year, and ATH Jonah Winston (Jonah "JP" Winston) is going to be a threat once again. He's motivated by last year's setbacks to help the Bucs return a title to the Met.

Andrew Simonson

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Then came one of the biggest financial updates of the meeting...from Treasury Secretary Scott Bessent. What he revealed was staggering. Bessent said that America is now pulling in RECORD tariff revenues...between $500 BILLION and $1 TRILLION a year...and the budget deficit is already down 26% from Biden’s last year in office. These are not small numbers. Bessent explained how Trump flipped the system on its head. The days of unbalanced international trade are over, and with that comes a massive influx of cash directly affecting America’s deficit. “On the international front you have a leveled the international trading system whereby countries took advantage of us and that’s over. It’s OVER.” “The Treasury Department is in is taking in record tariff revenues that I had been saying was running at a rate of 300 billion a year.” “You chastised me for saying that—number is too low. And as usual, you we’re right, that we had a substantial, jump from July to August, and I think we’re going to see a bigger jump from August to September.” “So I think we could be on our way, well, over half a trillion, maybe the, towards the trillion dollar number.” “This administration, your administration, has made a meaningful dent in the budget deficit.” Even the CBO, which often clashes with the Trump administration, had to concede: the deficit is projected to drop by $4 trillion over the next decade. “The average budget deficit during this term is 26% less than the last 12 months under Biden and even the CBO, and we don’t agree with CBO on everything as you said, last Friday—had to admit that they believe over the next ten years the budget deficit will be 4 trillion lower than they had previously scored.” And according to Bessent, that number could go even higher. “4 trillion: 3.3 trillion of tariff income, 700 billion of lower interest cost, and, you know, I would expect that that number could go up from here.”

Then came one of the biggest financial updates of the meeting...from Treasury Secretary Scott Bessent. What he revealed was staggering. Bessent said that America is now pulling in RECORD tariff revenues...between $500 BILLION and $1 TRILLION a year...and the budget deficit is already down 26% from Biden’s last year in office. These are not small numbers. Bessent explained how Trump flipped the system on its head. The days of unbalanced international trade are over, and with that comes a massive influx of cash directly affecting America’s deficit. “On the international front you have a leveled the international trading system whereby countries took advantage of us and that’s over. It’s OVER.” “The Treasury Department is in is taking in record tariff revenues that I had been saying was running at a rate of 300 billion a year.” “You chastised me for saying that—number is too low. And as usual, you we’re right, that we had a substantial, jump from July to August, and I think we’re going to see a bigger jump from August to September.” “So I think we could be on our way, well, over half a trillion, maybe the, towards the trillion dollar number.” “This administration, your administration, has made a meaningful dent in the budget deficit.” Even the CBO, which often clashes with the Trump administration, had to concede: the deficit is projected to drop by $4 trillion over the next decade. “The average budget deficit during this term is 26% less than the last 12 months under Biden and even the CBO, and we don’t agree with CBO on everything as you said, last Friday—had to admit that they believe over the next ten years the budget deficit will be 4 trillion lower than they had previously scored.” And according to Bessent, that number could go even higher. “4 trillion: 3.3 trillion of tariff income, 700 billion of lower interest cost, and, you know, I would expect that that number could go up from here.”

The Vigilant Fox 🦊

238,588 görüntüleme • 11 ay önce

Over the last decade, Jamie Dimon, the CEO of JPMorgan Chase J.P. Morgan has led efforts to debank conservatives, Trump supporters, and individuals like myself. My online banking at Chase was actually once shut down by Chase Bank, in an act of political targeting in 2019. I received a message that said “Access suspended”, and all of my money was frozen, my cards were shut off, and I wasn’t able to access my money. This has happened to many others, primarily conservatives, 2nd Amendment advocates, gun manufacturers, and Crypto advocates. The Trump administration should not allow Jamie Dimon to have any influence. Dimon not only hates President Trump, but he and his liberal wife campaigned against President Trump, and he believes he's smarter than President Trump. In 2018, Dimon actually claimed he could defeat Trump in an election! 🤡🤡😂 Source: In 2024, Dimon’s wife Judith Kent knocked doors for Kamala Harris. She actively supported Kamala Harris's 2024 presidential campaign, including through campaigning in Michigan and donating to the Harris Action Fund, and the Democratic National Committee. Source: Jamie Dimon is insincere, and he openly despises cryptocurrency. Watch this video of nearly two minutes of Jamie Dimon telling the media and lawmakers that crypto is a “scam” that he wants to eliminate. Jamie Dimon is faker than a $3 bill. The Trump administration must keep Jamie Dimon at a distance when discussing open banking regulations that could affect the crypto industry he vehemently opposes. Donald J. Trump JD Vance David Sacks Howard Lutnick Treasury Secretary Scott Bessent

Over the last decade, Jamie Dimon, the CEO of JPMorgan Chase J.P. Morgan has led efforts to debank conservatives, Trump supporters, and individuals like myself. My online banking at Chase was actually once shut down by Chase Bank, in an act of political targeting in 2019. I received a message that said “Access suspended”, and all of my money was frozen, my cards were shut off, and I wasn’t able to access my money. This has happened to many others, primarily conservatives, 2nd Amendment advocates, gun manufacturers, and Crypto advocates. The Trump administration should not allow Jamie Dimon to have any influence. Dimon not only hates President Trump, but he and his liberal wife campaigned against President Trump, and he believes he's smarter than President Trump. In 2018, Dimon actually claimed he could defeat Trump in an election! 🤡🤡😂 Source: In 2024, Dimon’s wife Judith Kent knocked doors for Kamala Harris. She actively supported Kamala Harris's 2024 presidential campaign, including through campaigning in Michigan and donating to the Harris Action Fund, and the Democratic National Committee. Source: Jamie Dimon is insincere, and he openly despises cryptocurrency. Watch this video of nearly two minutes of Jamie Dimon telling the media and lawmakers that crypto is a “scam” that he wants to eliminate. Jamie Dimon is faker than a $3 bill. The Trump administration must keep Jamie Dimon at a distance when discussing open banking regulations that could affect the crypto industry he vehemently opposes. Donald J. Trump JD Vance David Sacks Howard Lutnick Treasury Secretary Scott Bessent

Laura Loomer

384,934 görüntüleme • 1 yıl önce

Phillip: Even with GDP increases, the bill increases the deficit by more than $1 trillion over a ten year period. So let's just make it simple for people at home, okay. If this bill is passed, what is the deficit going to be in ten years? The CBO says it is going to be more than $1 trillion than what it is right at this moment

Phillip: Even with GDP increases, the bill increases the deficit by more than $1 trillion over a ten year period. So let's just make it simple for people at home, okay. If this bill is passed, what is the deficit going to be in ten years? The CBO says it is going to be more than $1 trillion than what it is right at this moment

Acyn

62,802 görüntüleme • 1 yıl önce

Counselor to Treasury Secretary Scott Bessent Joseph Lavorgna on the Lowest Post-Pandemic Budget Deficit: In the two quarters that overlapped with the Biden Administration, 74% of the budget deficit occurred. Then from April forward, two things happened: First, as you mentioned, tariff revenues. We’re going to probably collect something in a calendar year of about $300 billion, an annual rate of nearly $400 billion if you look at the last few months. Second, lower spending. Spending year-on-year in the third quarter was basically flat (+0.2%), and it was down 2.5% in the fourth quarter. The spending trajectory looks very key — and that’s why Republicans do not want to cave to Democrat demands to reverse these spending initiatives, which are keeping a much better deficit trajectory in place thanks to President Trump’s policies.

Counselor to Treasury Secretary Scott Bessent Joseph Lavorgna on the Lowest Post-Pandemic Budget Deficit: In the two quarters that overlapped with the Biden Administration, 74% of the budget deficit occurred. Then from April forward, two things happened: First, as you mentioned, tariff revenues. We’re going to probably collect something in a calendar year of about $300 billion, an annual rate of nearly $400 billion if you look at the last few months. Second, lower spending. Spending year-on-year in the third quarter was basically flat (+0.2%), and it was down 2.5% in the fourth quarter. The spending trajectory looks very key — and that’s why Republicans do not want to cave to Democrat demands to reverse these spending initiatives, which are keeping a much better deficit trajectory in place thanks to President Trump’s policies.

Treasury Department

15,691 görüntüleme • 9 ay önce