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Sec. Bessent's big plan to finance the national debt

Treasury Secretary Scott Bessent’s buyback of long-term bonds was a bit of a letdown this week — the interest rates barely budged. The Treasury’s next move…

0:00 26:09

Episode Summary

Treasury Secretary Scott Bessent’s buyback of long-term bonds was a bit of a letdown this week — the interest rates barely budged. The Treasury’s next move in its quest to rein in the national debt will be to issue a ton more short-term securities. But that might not be such a good idea, either. In…

Published August 20, 2026 · 26:09