U.S. Treasury Secretary Bessenet spoke at the annual meeting of Allen & Co., known as the 'Billionaire Summer Camp'. The host asked Bessenet to compare his current 'boss' with his predecessor. Bessenet said that U.S. President Trump shares a common personality trait with his former boss, financial mogul Soros: both lack patience when engaging in high-risk trades. According to those present, Bessenet noted that Trump and Soros are quite similar in terms of personality, demands, and impatience. When announcing tariff measures, he advised Trump to be patient. Insiders said Bessenet believes Trump has a unique ability to identify problems and find solutions, but in terms of implementation, he sometimes lacks patience. In response to audience questions, Bessenet downplayed the impact of tariffs on inflation and predicted two rate cuts this year, adding that long-term borrowing costs may remain consistent with pre-pandemic levels.