An unseen financial threat looms before Trump and his Treasury  ...Middle East

President-elect Trump and Treasury Secretary-Designate Scott Bessent have drawn a difficult hand. We all know about the country’s bloated national debt, the continuous erosion of the purchasing power of many Americans, and the many other well-chronicled economic challenges the country faces. But it is the threats we don’t see or hear about that often pose the most immediate and significant peril. Principal among these is the country’s antiquated and ineffective financial regulatory system. Its increasing inability to anticipate or avert market anomalies is a direct bridge to the next American financial panic.   Created in the 1930s, the network of regulatory watchdogs today includes

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