Treasury Secretary Scott Bessent tells Fox's @IngrahamAngle that he hopes the Fed will keep an "open mind" on rate hikes and consider the example of the 1990s and Greenspan. What's interesting about this oft-cited analogy is that there's the 1996-97 Greenspan who resisted hiking when some of his colleagues wanted it. But there's also the 1999-2000 Greenspan Fed that raised rates by 175 bps in 12 months (including a 50-bps hike in May 2000), which more than reversed the 75 bps in cuts that followed the LTCM meltdown in 1998. Ingraham nods to this history: "We did have the internet boom in 2000 and bust as well, didn't we?"