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Trump’s Treasuries Observation Used to be on Bills, Now not Debt, Hassett Says

Trump’s Treasuries Observation Used to be on Bills, Now not Debt, Hassett Says
February 11, 2025



President Donald Trump’s weekend feedback referring to irregularities in Treasury bills had been a connection with billionaire Elon Musk’s claims that the federal government had made fallacious transfers to contractors and grant recipients — now not an expression of outrage about bills to bondholders, the president’s best financial adviser mentioned Monday.“The Treasury secretary has discovered that the controls for spending of the former management had been unacceptable, that they had been sending cash out with out understanding the place the cash was once going,” Nationwide Financial Council Director Kevin Hassett mentioned all over an interview with CNBC. “They had been sending cash out with out flagging what it was once for.”

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