Treasury’s Bessent Says Markets Endorse Tax Bill’s Fiscal Prudence

U.S. Treasury Secretary Lisa Bessent said financial markets are signaling support for the administration’s tax bill, describing the legislation as both fiscally prudent and pro-growth. Speaking to reporters on 3 July, Bessent added that she intends to "stick with the market’s take, not economists’," arguing that investors’ positive response is a better real-time gauge of the measure’s merits.