U.S. Treasury Secretary Scott Bessent said in prepared remarks to the Economic
Club of New York on Tuesday that U.S. economic national-security policy will be
guided in part by the need to reduce vulnerability to potential adversaries
cutting off critical supplies. "We will build resilience before crises occur,"
he said, urging supply-chain reviews to assess vulnerabilities in the military,
hospitals, energy systems and the financial system. Bessent said the U.S. should
develop sufficient domestic production capacity to ensure Americans are not
subject to critical overseas bottlenecks.
