It’s been a night and day change in the position of Treasury Secretary.
We went from Janet Yellen, who didn’t seem to understand inflation, calling it transitory, and who caused a stir by bowing deeply to a Chinese official, to a much better choice in Scott Bessent.
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It seems like Yellen is unhappy with Bessent because he’s undoing things that she did. That sounds good to me. Our sister site Townhall reported on her unhappy snit about him, referencing the Daily Caller:
Yellen, who served as treasury secretary from 2021 to 2025 under the Biden administration, told The Wire China that she does not currently talk to Bessent at all, claiming that he has “succeeded in undoing everything that was a priority of mine