Trump Floats Military as Bond-Market 'Ultimate Intervention' After Denying Bessent Ordered 1
Updated
Updated · HuffPost · Aug 22
Trump Floats Military as Bond-Market 'Ultimate Intervention' After Denying Bessent Ordered 1
3 articles · Updated · HuffPost · Aug 22
Summary
Asked about bond-market volatility and liquidity strains, Trump said the "ultimate intervention" was the military after again denying he ordered Treasury Secretary Scott Bessent to step in.
The remark was left unexplained: Trump said the administration had "many types of intervention" and added, "if we have to use that, we will," while the White House did not immediately clarify his meaning.
Online critics quickly mocked the comment, with some comparing the bond market to Iran and others joking that Trump was threatening military action against bond traders.
A day earlier, Trump had said Bessent acted on his own authority in the bond market, reinforcing that the latest exchange centered on who was driving any response.