Minister of Finance Insent says Trump heads the financial crisis

Finance Minister Scott Igent said Trump’s administration is focused on preventing a financial crisis on Sunday, which may result in mass public expenses over the past few years.

“The fact that I could guarantee we would have a financial crisis. I studied it, I taught it, and if we were not lagging behind these expenses levels, it was all impossible,” said the inflammatory to get acquainted with the press. ” “We are dumped and we put things on a steady way.”

President Donald Trump Since the entry, he has forced the financial home of the government. It created the so -called Department of Government Effectiveness under the guidance Elon MuskTo reduce jobs and stimulate retirement in several federal agencies.

However, the problem of US debt and deficit has deteriorated During the first month of Trump as a budget deficit in February, a $ 1 trillion was held.

The infamous noted that there is no guarantee, there will be no recession.

The market was on brown widespread tariffs It is concerned about inflation and economic slowdown. The S&P 500 fell on Thursday in 10% correction from its February, when the volatility was unwavering.

The benchy believes that return appeals, such as the one on which the market is now benign, are benign, and Trump’s business policy will increase the market and the economy in the long run.

“I have been engaged in investment business for 35 years and I can tell you what fixes are healthy. They are normal,” he said. “What is not healthy is just that you get these euphoric markets. That’s how you get a financial crisis. It would be much healthier if someone put the brakes in 06, 07 years. We wouldn’t have problems in 08.”

“I am not worried about the markets. In the long run, if we put a good tax policy, de -deregulation and energy security, the markets will be great,” the inflammation added. “I say that one week doesn’t make the market.”