Trump’s proxies, including Treasury Secretary Scott Bessent, dished more details and doubled down on support for Main Street. Yesterday’s CNBC headline:
“Wall Street has grown wealthier than ever before, and it can continue to grow and do well,” Bessent told the American Bankers Association’s Washington Summit. “But for the next four years, the Trump agenda is focused on Main Street. It’s Main Street’s turn. It’s Main Street’s turn to hire workers. It’s Main Street’s turn to drive investment, and it’s Main Street’s turn to restore the American Dream,” he added.
This is not uncommon. I recall when a new President took office (either Bush2 or Obama) and dismissed the entire Presidential bioethics advisory committee just before a meeting.