Scott Bessent: Fixing the Fed, Tariffs for National Security, Solving Affordability in 2026

斯科特·贝森特:整治美联储、以国家安全为名的关税、解决2026年的可负担性问题

All-In with Chamath, Jason, Sacks & Friedberg

2025-12-23

56 分钟
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单集简介 ...

(0:00) Treasury Secretary Scott Bessent joins the show (0:55) Recapping 2025 and the state of the economy (3:13) Tariffs: Leverage, legal challenges, implementation (15:20) Affordability: inflation, BLS data, interest rates (23:00) The Fed: biggest mistakes, how we got a 15 year asset bubble, rate cycle, appetite for US debt, Fed Chair candidates (42:44) Focus on Main Street, taking equity stakes in American companies (50:40) Tax cuts, Trump accounts, economic legacy Follow Secretary Bessent: https://x.com/SecScottBessent Referenced in the show: https://www.international-economy.com/TIE_Sp25_Bessent.pdf Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect
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  • Secretary Besant, welcome back to All In.

  • We appreciate you taking the time to catch up with us and provide this first year in review.

  • We're excited to have you here and hear how things are going and what's ahead regarding the fiscal condition of the U.S.

  • government, the economic condition of the U.S.

  • economy, including how things are going for Wall Street and Main Street.

  • And finally, we'd like to broadly discuss some of the administration's policies,

  • decisions, and how they're playing out or will play out.

  • from your point of view.

  • I'll start us off and maybe to catch up on our last conversation,

  • one of the things that I've cared deeply about and which you shared an objective around is getting the budget deficit below 3% of GDP.

  • I'd love to hear from your point of view how that's going and how things are looking for fiscal year 26,

  • the actions that have been taken and what you think's ahead for that target.

  • Good to be with you.

  • Happy to review the year.

  • Talk about next year.

  • There's a lot going on.

  • I would categorize 2025.

  • We had some important victories, some important policy announcements, some important movement.

  • But as I've described it, 2025 was setting the table.

  • And especially on the economy, I think the feast and the banquet is going to be in 2026.