Trump: will be speaking to European Leaders in a short while. They are great people who want to see a deal done.

US Treasury Secretary Bessent on Fed: I think we could go into a series of rate cuts. US Treasury Secretary Bessent: We should be 150,-175 bps lower on the Fed's rate now. BESSENT ON FED CHAIR NAMES: GOING TO CAST WIDE NET, 10-11 PEOPLE Bessent States That Trump Previously Considered Yellen and John Taylor for Key Positions BESSENT: I CALLED FOR SHADOW FED CHAIR BUT DON'T THINK SO NOW

US Trsy Sec Bessent On Bonds: Yields Show There Is Credibility - Leakage From Japan - Japan Needs Get Their Inflation Problem Under Control - We’re Re-Filing Treasury Cash Via Bills US Treasury Secretary Bessent: I asked about 200% secondary sanctions on China at G-7. Everybody at G-7 was quiet when I asked. US TSY'S BESSENT Q&A/BBG: 'PUT UP OR SHUT UP' TIME RE CHINA PURCHASES OF RUSSIA OIL; EUROPE NEEDS TO BE READY TO APPLY ITS OWN SECONDARY SANCTIONS; ENDS Q&A #Bessent #tariffs #economy