US Finance Minister Scott Bessent has been involved in economic and fiscal goals of President Donald Trump during his first interview with Kudlow since he joined the administration.
Since one billionaire Elon Musk joined forces with President Donald Trump to run the Ministry of Government Efficiency (Doge), various Democrats and other critics They complained about the influence of the founder of Tesla on the Federal Government.
US Minister Scott Scott Beesent, however, came on Wednesday in defense of men and Dogeo “Kudlow. “
“Elon Musk is the biggest entrepreneur of this generation,” Bessent told Fox Business host Larry Kudlow in his first interview since he joined Trump’s administration.
“Doga will not fail. They move to many cheese here in the capital, and when you hear this gills, then some interest of the status quo is not satisfied,” he continued.
The defense of Beesenta comes after the weekend reports claimed that the Ministry of Finance enabled Doge personnel access to the Payment System of the Federal Government. The treasury consumes approximately $ 6 trillion a year on payment of federal agencies.
Since then, the Ministry of Finance Officer told members of the Congress on Tuesday that he is a technical executive director who works Doge, will have a “read only to read” The government’s pay system, emphasizing that it is dedicated to protecting the system after the department has received access.
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The clerk wrote a letter in response to the legislators who were concerned that Doge’s approach Government payment system For a federal government, it could lead to security risks or missed payments for various programs, including social security and Medicare.
“In the treasury, our payment system is not touched,” Beesent said on Wednesday. “We process 1.3 billion payments a year. There is a study that is being implemented – can we have more responsibility, greater accuracy, more blindness that money goes where it is. But in terms of payment, this happens upstream into the level of the department.”
By paying the cash register, his office for a fiscal service is managed, which pays almost 90% of all federal payments and implements more than 1.2 billion transactions a year, according to his website.
While the legislators expressed concern that Musk possesses too much power Within the US government, Bessent emphasized that the efforts of the billionaire are part of the “mandate” of Trump administration from the American people.
“Now they have no problem with income. We have a problem with consumption. I think we can increase revenues, we can increase growth, and most importantly, President Trump has been elected because of this accessibility crisis … What is he to make an accessibility crisis?
US Finance Minister Scott Bessent has been involved in economic and fiscal goals of President Donald Trump during his first interview with Kudlow since he joined the administration. (Getty Images / Fox News / Fox News)
Bessent claimed that “Gigantic State Consumption” encouraged economic growth under the management of Biden, but failed to bring the “real” wage growth.
Opposite that, Bessent explained As the newly elected Trump administration will be resolved by the accessibility crisis of the re -gauge of the economy, reducing taxes and regulations, resolving the growing deficit and increasing domestic energy production.
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Fox Business’ Landon Mion and Fox News Digital Emma Colton and Alex Nitzberg contributed to this report.
