U.S. Treasury Secretary Scott Bessent has characterized the criticism surrounding President Trump's trade policy as driven by what he terms "Tariff Derangement Syndrome," a shift from the previously used phrase "Trump Derangement Syndrome." Bessent emphasized that despite widespread misinformation, empirical data indicates no inflation has occurred as a result of the tariffs. His comments have sparked debate, with some acknowledging his stance against the criticism but highlighting concerns about the increasing costs associated with the trade policy. Additionally, Bessent has recently averted a financial crisis, though his allegiance to the MAGA movement has raised doubts among bankers and investors about his role as Treasury Secretary.