Bessent has the confidence of Wall Street. He’s “one of them.” So, if he is not in the room when the tariff decisions are made, this is a red flag which might have contributed to the stock market sell-off. https://www.bloomberg.com/news/articles/2025-04-05/trump-s-tariffs-give-his-wall-street-backers-a-rude-shock —— Bessent wasn’t the primary driver of the tariff announcement, according to a person familiar with the matter. He used his role in Oval Office meetings to lay out potential scenarios for markets and the economy based on different tariff levels, the person said. The tariffs were largely shaped by a small group within Trump’s inner circle, with critical decisions about the duties’ structure going down to the wire before the president’s announcement. A Treasury spokesperson declined to comment. Now, Trump’s bid to remake the US economy and boost made-in-America products is at odds with a Wall Street establishment that has profited for decades from the idea that international trade drives the world order. And even some Republican lawmakers are sounding the alarm.