welcome
TheStreet

TheStreet

US Politics

US Politics

Treasury Secretary delivers startling message on U.S. economy

TheStreet
Summary
Nutrition label

67% Informative

The Federal Reserve's dual mandate is to keep inflation and unemployment low.

Scott Bessent , a stock market veteran trained by legendary hedge fund manager Stanley Druckenmiller , has watched the economy's give-and-takes for decades .

The comments suggest that the Trump administration understands that cutting fat from the Federal budget, including lay-offs that could further increase unemployment and pressure spending, won't be pretty short-term.

VR Score

74

Informative language

79

Neutral language

4

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links