Former House Speaker praises Trump’s economic picks

In Davos, Switzerland, Paul Ryan, the former speaker of the U.S. House of Representatives, has expressed his support for President Donald Trump’s economic personnel choices, saying that the administration is “off to a good start, with first-round draft picks in the economic policy roles.” He emphasized the need to manage the nation’s growing debt, warning of potential challenges from bond vigilantes. Mr. Ryan noted “There could be a hiccup in the bond market down the road,” but added: “I’m sure that’s at the front of [Treasury Secretary nominee] Scott Bessent’s mind.”