‘What Is He Talking About?’ CNN’s Abby Phillip at a Loss After Trump Claims He Might Use the Military Against Bond Market
Former US President Donald Trump has suggested that he might use the military to intervene in the bond market if needed. Trump stated that it was not his decision to intervene, but rather that of someone else, with conflicting reports on who made the decision. The idea of using the military in the bond market has raised concerns and confusion among analysts and media commentators.
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- ✓ Trump says he did not direct Bessent to intervene in bond market.
- ✓ Trump says it was Bessent's choice to intervene in bond market.
- ✓ Trump mentions 'extraordinary' US growth can tackle $40 trillion debt.
What changed
Trump's clarification that he did not direct anyone to intervene in the bond market represents a development in the story.
Live updates
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Trump Claims Military Intervention in Bond Market Possible
Former US President Donald Trump has suggested that he might use the military to intervene in the bond market if needed. Trump stated that it was not his decision to intervene, but rather that of someone else, with conflicting reports on who made the decision. The idea of using the military in the bond market has raised concerns and confusion among analysts and media commentators.
Why it matters
The bond market is a crucial part of the US financial system, and any intervention or disruption could have significant economic implications. Trump's comments have sparked debate about the role of the military in financial markets and the potential risks of such actions. The US debt currently stands at approximately $40 trillion, and Trump's comments come amid discussions on how to manage this debt.
What is confirmed
- Trump says he did not direct Bessent to intervene in bond market.
- Trump says it was Bessent's choice to intervene in bond market.
- Trump mentions 'extraordinary' US growth can tackle $40 trillion debt.
Still unconfirmed
- Trump suggests he can use the military on bond markets: 'If we have to use that, we will'.
What to watch next
- Clarification on Trump's involvement in potential bond market intervention
- US economic growth and debt management strategies
- Reaction from US military and defense officials
confidence 60%Sources used for this update (5)
- Bloomberg.com — Trump Says It Was Bessent’s Choice to Intervene in Bond Market
- Reuters — Trump says he did not direct Bessent to intervene in bond market
- The Vibes — Trump says ‘extraordinary’ US growth can tackle US$40 trillion debt
- Yahoo — Trump Suggests He Can Use the Military on Bond Markets: ‘If We Have To Use That, We Will’
- Yahoo — ‘What Is He Talking About?’ CNN’s Abby Phillip at a Loss After Trump Claims He Might Use the Military Against Bond Market
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