Scott Bessent | All-In in DC!

All-In with Chamath, Jason, Sacks & Friedberg

All-In Podcast, LLC

Alllin, Coronavirus, Calacanis, Palihapitiya, Health, Sacks, Friedberg, Allin, Entrepreneurship, Covid19, Gambling, Grow, Investing, Iq, Tips, Tech, Business, Jason, Startups, Poker, Technology, Money, Learn, Davidsacks, Davidfriedberg, Chamath

4.2 • 7.1K Ratings

🗓️ 19 March 2025

⏱️ 73 minutes

🔗️ Recording | iTunes | RSS

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Summary

(0:00) Chamath and Friedberg describe their adventures in DC and welcome Treasury Secretary Scott Bessent!

(2:12) Scott's background, what drew him to equities, the role of macro investors

(7:22) The legendary trade that broke the Bank of England in 1992, and how it relates to Main Street vs Wall Street today

(21:30) Scott explains the Trump Administration's economic strategy

(32:45) How this administration plans to de-regulate the economy, Fed relationship, re-financing debt

(42:06) DOGE, DC grifts, shakeup at the IRS

(50:51) Re-engineering social security through the US SWF, how energy factors in

(1:00:02) Surprises, fixing affordability, thoughts on President Trump

Thanks to our partners for making this happen:

Hims: https://www.hims.com | https://www.forhers.com

iTrustCapital (use code allin): https://www.itrustcapital.com

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Intro Music Credit:

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Intro Video Credit:

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Transcript

Click on a timestamp to play from that location

0:00.0	Okay, we are here in Washington, D.C., in front of the White House.
0:04.0	Having spent the afternoon with our friend David Sacks, our friend Elon Musk, and others,
0:10.0	we are here to learn about the debt, the deficit, what's going on in D.C.
0:14.0	And we have an incredible interview lined up with Scott Bessent,
0:18.0	Treasury Secretary of the United States.
0:20.0	It was amazing. And it's been an amazing afternoon, and we're really looking the United States. It was amazing.
0:23.9	And it's been an amazing afternoon, and we're really looking forward to it. It was amazing.
0:25.2	Well, this is the pre, the intro to the video.
0:27.3	It will be amazing.
0:29.3	It's not the pre.
0:29.9	Let's just the post.
0:31.2	What the fuck?
0:31.9	We're going to pretend it's the pre.
0:33.0	It was amazing.
0:34.0	It will be incredible.
0:35.6	It was amazing. It will be incredible. It was incredible. It was incredible. But how cool is the White House?
0:39.3	And here's a bell.
0:40.3	I'm pretty sure the bell.
0:42.3	I cannot even describe to you the day we had running around.
0:45.3	It's incredible.
0:46.3	Running around room to room in the White House.
0:48.3	One of the best days of my life.
	...

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