According to a report by Bloomberg yesterday (7th), US Treasury Secretary Scott Bessent responded to the recent work of the US government efficiency department (DOGE) led by Musk, as well as the tariff policy implemented by Trump, stating that he agrees with the concept of the DOGE department and denies the view that tariffs will lead to inflation. (Background: Musk and DOGE: What you need to know about the government efficiency department) As President Trump officially completed his inauguration ceremony on the 20th of last month, the Trump administration has successively launched new policies dedicated to "Making America Great Again", including tariffs, illegal immigration, gender policies... The department led by TSL founder Musk, the government efficiency department (DOGE), is dedicated to reducing government spending. However, according to a report by Bloomberg yesterday (7th), the DOGE department's access to the US Treasury payment system has raised significant concerns - concerns that the world's richest man may have access to sensitive information regarding taxpayers, beneficiaries, government project contractors, and federal employees. US Treasury Secretary: Agrees with Musk's DOGE department concept However, in response to this, the newly appointed US Treasury Secretary Scott Bessent stated that although the Treasury has become the primary target of the DOGE department, he agrees with the department's concept, and the work of the DOGE department will not hinder the normal operation of the Treasury: This is one of the core measures for government spending reduction, with enormous potential to save substantial funds for the American people. This is a planned action. Regarding the DOGE department's investigation into the Treasury payment system, Bessent responded to public concerns as follows: These are professionally trained experts, not some roaming and acting at will group. The DOGE investigation is just an operational investigation, not an ideological review. The Treasury's operation is consistent, and we will act prudently and solve problems. Our order will not be affected, please rest assured. Not hoping for other countries to manipulate trade by devaluing their currency In addition, in response to the Trump administration's currency and trade policies, Bessent also stated that under Trump's leadership, the US will continue to promote its strong dollar policy. At the same time, he also emphasized: We do not want other countries to manipulate trade by weakening their currency. Countries like China, which have accumulated huge trade surpluses, show that the current global trading system is not entirely operating freely. Finally, regarding concerns about inflation, although Bessent acknowledged that the tariff policy may cause slight price adjustments, he does not believe it will lead to inflation. At the same time, Bessent also stated that he has met with Fed Chairman Powell and has no intention of influencing the Fed's Interest Rate policy: I will not comment on future monetary policy. I believe Powell can make the right decisions, so I won't have any criticism.