Washington, Sept. 16 -- Congressman Jim Himes issued the following press release:
Yesterday, Congressman Jim Himes (CT-04), a senior member of the House Financial Services Committee, grilled Treasury Secretary Scott Bessent on the Trump Administration's repeated market interventions. Rep. Himes challenged him to explain how the President's economic agenda - assuming government ownership stakes in 39 private companies (https://www.cfr.org/articles/washingtons-growing-portfolio-tracking-u-s-government-investments), manipulating prices through unpredictable tariff regimes, and a failed intervention in the bond market - differs from the core tenets of communism.
An excerpt of Rep. Himes' line of questioning of Treasury Secretary Scott Bessen...