Economy News Trump Ally Bessent Says Stocks Will Fall On ‘precarious’ Economy

Trump Treasury Secretary Admits Shutdown Economy ‘Getting Worse and Worse’ in Tense Battle With Stephanopoulos

Scott Bessent — President Donald Trump’s Treasury Secretary — was candid in his assessment of the economy during the government shutdown, in a pitched battle with ABC’s George Stephanopoulos. In a ... Read More

Bessent Says Trump’s $2,000 ‘Dividend’ May Come Via Tax Cuts

Treasury Secretary Scott Bessent said President Donald Trump’s suggestion that Americans may receive a tariff “dividend” of at least $2,000 could come via the tax cuts passed in his signature economic ... Read More

Treasury Secretary Bessent warns shutdown could slash quarterly economic growth by half

Treasury Secretary Scott Bessent warned Sunday that the ongoing government shutdown is taking an escalating toll on the U.S. economy, saying growth could be cut "by as much as half" this quarter if ... Read More

Treasury Secretary Scott Bessent predicts ‘blockbuster’ year for US economy, relief for workers

From new factories to bigger paychecks, Treasury Secretary Scott Bessent says the year ahead will be a "blockbuster," promising relief for American wallets. "I say that you are going to feel it," ... Read More

2Scott Bessent Says Democrats Wanted To Stop Trump Agenda At Any Cost...

In a post on X, Bessent wrote, "The shutdown was never about healthcare for Democrats—it was about stopping President Trump's agenda at any cost. And they were willing to waste tens of billions of ... Read More

Trump said Biden was a ‘disaster’ for the economy —but who do voters blame?

President Donald Trump repeatedly blames his predecessor for any economic woes, but new data shows voters are not buying it. Enten responded to Treasury Secretary Scott Bessent for recently arguing ... Read More