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How Scott Bessent used financial engineering to fund the $2 trillion deficit while leaving it untouched - Fortune

How Scott Bessent used financial engineering to fund the $2 trillion deficit while leaving it untouched - Fortune

The alarm is coming from inside the house. The Treasury Borrowing Advisory Committee says the borrowing math no longer adds up.

While investors fixate on the AI boom, a warning from a group of Wall Street bankers whose job is to help the U.S. government borrow went unnoticed.ย In minutes released Aug. 5, the Treasury Borrowingโ€ฆ [+3940 chars]

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