With all of the confrontation and drama that has surrounded this meeting. They're behind closed doors now. Culturally speaking, can the Fed handle this.I think that the Fed has been put in an unprecedented situation. That said, as you alluded to, we pretty much think we know what's going to happen with the interest rate decision. The Fed has been signaling for quite some time that they were seeing interest rate cuts on the horizon, but not yet.I think markets and the signals we've been getting from various ...

Trade Policy & Negotiation - Donald Trump 有谈判筹码，尤其是在较小的、依赖贸易的经济体上 [1] - 如果 Donald Trump 将关税政策变成持续的双边谈判，美国将会遭受损失 [1]

Fiscal Policy & Debt - The bill is projected to add $4 trillion to the national debt [2] - The bill could lead to deficits reaching 8% of GDP, a level almost unprecedented during peacetime without external shocks [2] - Future reconciliation packages are promised to cut the deficit, but the means to achieve this, especially without raising taxes on the wealthy, are unclear [6][7] Tax Implications & Distribution - The tax breaks in the bill may negatively impact poorer, working-class Americans while benefiting the wealthy [3] - Approximately 60% of the benefits are expected to go to individuals earning over $220,000 [14] - Certain aspects of the bill, such as no tax on tips, the child tax credit, and permanent no tax on overtime, could be supported in isolation [14] Market & Economic Impact - The bond market's reaction to the bill has been surprisingly muted [8] - There is a concern that tariff policy is slowing the economy, which, combined with massive deficit spending, could put pressure on interest rates [10] - Permanent expensing and making tax cuts permanent could be attractive to businesses and spur investment [12][13]

We are now joined by U.S. Treasury Secretary Scott Betts. And just as the Senate has begun voting on what's known as the big, beautiful bill. You look at the latest version of the tax bill.The big question that remains is the GOP holdouts. What kind of deal can be cut with those holdouts. And what are you and the president prepared to offer for support.Well, I'm confident that the bill is going to progress, as is over the next few hours, and it'll be on the president's desk to sign on July 4th. So the Senat ...