Scott Bessent just casually said the quiet part out loud.| The New Republic
Subscribe I have ended up taking a lot longer to write up my biggest picture thoughts on the dollar than I initially expected. Partially this is because things seem to have stabilized- for now- and thus I didn’t feel the pressure to rush a piece out. Just yesterday China| Notes on the Crises
Until Further Notice: Comprehensive coverage of the Trump-Musk Treasury Payments Crisis of 2025| Notes on the Crises
Kevin Warsh, a Treasury Secretary contender who the crypto community has criticized for supporting CBDCs, has invested in crypto startups.| Unchained