Megan Cassella
@mmcassella
Washington correspondent for @CNBC. megan.cassella@cnbc.com / Instagram: @megancnbc / Signal: megan.27
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Treasury Sec. Bessent just met with Russia’s finance minister to discuss the President’s peace plan, per a Treasury spokesperson.
A Treasury official tells me Sec. Bessent is holding “at least 11” bilateral meetings here this week.
China, Canada, S. Korea, Japan on that list
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Some brutal figures from Treasury's latest monthly statement, for the fiscal year to date
—The U.S. deficit is at $1.8T, larger than the deficit for all of last year
—$1.2 *trillion* spent on interest on the debt
—Corporate tax receipts down 18%
And still two months left to go!
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