US Treasury Secretary Bessent is announcing a new whistleblower initiative that will include monetary rewards from the US Treasury - CNBC Interview
Importance
Level 1
- On Warsh nominee for Fed, we'll see where Pirro probe goes.
- Important to proceed with Senate hearings.
- Tillis wants to puthold on any vote.
- Thinks he has an agreement to get hearings on Kevin Warsh underway in Senate Banking despite Tillis' blockade on any Fed noms.
- On metal tariffs, spoke to USTR this morning, we'll see if there's a narrowing.
- On China trade: we don't want to decouple, we want to derisk.
- Chance Q4 growth at 3% or over 3%.
- On Fed, predict back near Fed's 2% target middle of this year.
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