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US Treasury Secretary Urges Recognition of Presidential Emergency Powers

Scott Bessent emphasizes the necessity of such powers to safeguard both the American people and the national economy.

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Terms & Concepts
  • Emergency Powers: Special legal authorities granted to a government or president to respond effectively to crises impacting national security, public safety, or the economy.
  • US Treasury Secretary: The head of the U.S. Department of the Treasury, responsible for managing government revenue, economic policy, and financial security.