Treasury Secretary Bessent Highlights Trump's Economic Policy Impact
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 09 2026- Monetary Policy Push: Treasury Secretary Scott Bessent emphasized that the Trump administration should leverage its power to stimulate investment and lower interest rates, which will help boost economic growth and improve market confidence.
- Tariff Negotiation Capability: Bessent noted that the Trump administration has the capacity to renegotiate tariffs and maintain current levels, which holds significant strategic importance in international trade, particularly in negotiations with Mexico and Canada.
- International Economic Impact: He mentioned that tariffs implemented under the International Emergency Economic Powers Act have compelled partners like Mexico and Canada to engage in discussions on combating illicit goods, indicating an increasing U.S. influence in global trade.
- Energy Market Outlook: U.S. Energy Secretary Chris Wright projected that Venezuela's oil production could increase by 50% in the next 18 months, which will significantly impact global oil prices and potentially enhance the efficiency of U.S. energy exports.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
