Steve Miran, Trump's current chair of the CEA, said: "Holding century bonds is less risky for reserve managers if they have access to swap lines granting them substantial short-term dollar liquidity.
Steve Miran, Trump's current chair of the CEA, said: "Holding century bonds is less risky for reserve managers if they have access to swap lines granting them substantial short-term dollar liquidity.
Bessent believes that deregulation, reordered global trade and lower government spending can pay for tax cuts. The actions of ...
The Federal Reserve lost more money in 2024, adding to the red ink it bled in 2023. And by the way, Fed losses are ultimately your losses.