Treasury Secretary Bessent says Denmark and its investment in the US are 'irrelevant'

[LiberalArkie]

6. The millionaire Bessant quote American retirees homes.

“We are going to give guidance at some point to see what is a mom and pop, that someone — maybe your parents — for their retirement, [bought] about 5, 10, 12 homes,” Bessent told Fox Business’ Maria Bartiromo at the World Economic Forum in Davos.

“So we don’t want to push the mom and pops out,” he continued. “We just want to push everyone else out.”

Bessent, a former hedge fund manager, has an estimated net worth of $521 million, according to The Street.

Critics were quick to ridicule Bessent as out of touch.

“Good news for the forgotten man,” declared The Bulwark’s Tim Miller. “The mom and pop real estate investor who has purchased 12 homes can breathe easy, the Treasury Secretary is looking out for you.”

“These people are completely out of touch with how life is for you,” observed The Lincoln Project.