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Scott Bessent’s most important speech wasn’t about tariffs

Scott Bessent’s most important speech wasn’t about tariffs

Summary

Scott Bessent calls for the United States to create a strong industrial policy. He says Washington has avoided this for many years, but now it is necessary.

Key Facts

  • Scott Bessent made a speech about U.S. industrial policy.
  • He argues for serious government action to support American industries.
  • Washington has avoided making industrial policy for decades.
  • Industrial policy means the government helps guide and support key industries.
  • Bessent believes this is important for the U.S. economy and competitiveness.
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