Joe Lavorgna, advisor to Treasury Secretary Wally Becken, projected a 3% GDP growth rate, advocating for further Federal Reserve rate cuts. Lavorgna emphasized that the economy is expanding without inflation, driven by deregulation and increased capital spending. He warned that maintaining high rates amid declining inflation could impede growth, citing weak interest-sensitive activity as a rationale for lower rates. The Trump administration's stance includes a preference for a Federal Reserve chair willing to reduce rates if economic conditions remain favorable. These comments arise as discussions on liquidity and crypto markets continue, alongside efforts to counter the financing of terrorism.