Summary

MSNBC host Stephanie Ruhle reported Treasury Secretary Scott Bessent may seek to exit the Trump administration after becoming the face of Trump’s sweeping tariff rollout, which triggered a market plunge.

Bessent, a wealthy hedge fund veteran, reportedly opposes Trump’s “absurd tariff math” and has lost influence in the inner circle.

While Bessent urged restraint, China retaliated with a 34% tariff, worsening the selloff.

Ruhle noted investor support for the tariffs is virtually nonexistent, calling the economic strategy damaging and politically driven.