John Paulson Talks Trump, Fed Rate Cuts

John Paulson, founder of Paulson & Co and supporter of Donald Trump's policies, dives into the current U.S. economic landscape, critiquing the Fed for delayed interest rate cuts. He discusses the potential impact of Trump's tax cuts, projecting a $10.5 trillion deficit while examining the benefits for low-income workers. Paulson praises Trump's administration for low inflation and rising wages, advocating for increased energy production. He also explores the intriguing idea of a U.S. sovereign wealth fund, suggesting it could shift the economy from debt to savings.