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But we saved everything 🙂.
James E. Thorne highlights that Bessent is proposing a $1 trillion initiative to influence U.S. Treasury yields.
He notes that much of Wall Street is still reluctant to acknowledge the broader implications of such a substantial effort.
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Thorne has previously argued that the Clarity Act is damaging U.S. crypto leadership and identified what he described as irrationality beyond market cycles. He also challenged banking lobby arguments against the Act, pointing to supporting data on the impact of clearer crypto regulations. These views come as policy debates continue to shape market outlooks.