Treasury Secretary Scott Bessent and Senator Elizabeth Warren Credits: Meet the Press and Gage Skidmore/Flickr Senator Elizabeth “Pocahontas” Warren (D-MA) made a poor decision trying to school Treasury Secretary Scott Bessent earlier this week, and it spectacularly backfired. On Tuesday, Bessent appeared on Fox Business to explain why financial rules implemented under the Obama regime (Dodd-Frank, for example) were too restrictive and hindered economic growth within the sector. He then explained the Trump Administration’s plan to deregulate the industry and boost investment. “These 2008, 2009, 2010 financial rules were too tight. They hamstrung the American financial system,” Bessent said. “It was time for a change.” “We’re going to be safe, smart, and sound in terms of our deregulation, but we have to take the financial…
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