How much will Scott Bessent's new plan cost the American people?

August 24th, 10am: Uncertainty about the country's direction grows deeper, with the U.S. in $40 trillion of debt, mortgage rates at 6.7% and $5 a gallon for diesel. And now, the trade war with Canada is expected to make things worse. Plus, Treasury Secretary Scott Bessent is set to announce new sanctions on Iran as Tehran's new security chief threatens to fight them. And, Mark Walter is selling the Lakers to Josh Kushner and Bob Iger for $12.5 billion, as federal prosecutors reportedly look into his investment empire. Nikki McCann Ramírez, David Rohde, Dan Nathan and Sam Koppelman join The Group Chat this morning. Sign up for MS NOW Premium on Apple Podcasts to listen to this show and other MS podcasts without ads. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.