Published Date Mar 11, 2025

U.S. Secretary Treasury Scott Bessent highlighted in his speech at the Economic Club of New York that one of the administration’s goals is to de-lever the public sector in order to support the private sector and government job losses could be transitioned to private sector hiring. We’ve covered how that process could be tricky and lagged.


READ MORE: ‘Yellow flags’: The cracks forming in the U.S. economy that we’re watching

By Caroline Gaudette

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