The US dollar is on track for its worst year in modern history

Trump and Bessent announced in the past week or so, that instead of terming out the debt, they'll ramp up refunding using T-Bills (max 52w duration) until Fed Chair Powell's term ends in 9 months. If they actually follow through on that (I suspect they just try to jawbone Powell), it could weaken the dollar even more.

Don’t they want a weaker dollar to bring manufacturing back to the US? If manufacturing jobs were up while service sector hiring fell, would that be proof that they are succeeding? Not good for the middle class, perhaps intentionally, but if you’re homeless and need a low skill manufacturing job you’re prospects are finally looking up.