Bulwark Takes Scott Bessent Is a Political Hack. Treasury Can’t Survive That.
Dec 3, 2025
The hosts dive into the unsettling implications of Scott Bessent's recent NYT interview, highlighting his alarming political posturing. They discuss how Bessent's demeanor feels more like a performance than a genuine discourse, raising questions about trust during a financial crisis. The conversation takes a critical turn as they analyze Bessent's economic claims and the dangers of appointing a political hack to the Fed. The potential risks to the economy are emphasized, underscoring the importance of having a trustworthy Treasury Secretary.
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Performance Undermines Perceived Competence
- Scott Bessent's performance felt like performative posturing rather than substantive engagement.
- Tim Miller describes Bessent as condescending and awkward, undermining his suitability for high office.
Cabinet Meetings As Political Theater
- Jonathan V. Last recounts cabinet meetings as a vehicle for a fatigued president to appear active.
- He suggests long meetings let the president be praised while conserving energy, illustrating political theater.
Choose Technocrats Who Command Market Trust
- Avoid appointing overt political operatives to Treasury or Fed leadership roles.
- Ensure nominees read widely and command trust from markets, not just partisan audiences.