Scott Bessent

Trump Economy Surges as Bessent Promises More to Come

Treasury Secretary Scott Bessent credited President Donald Trump’s policies for the U.S. economy’s unexpected second-quarter growth, telling attendees at a Breitbart News policy event that more prosperity is on the way. Bessent’s remarks followed Commerce Department data showing a robust 3% GDP growth rate in Q2 2025, surpassing economist forecasts and signaling renewed momentum.

Treasury Secretary Bessent: Recession Fears Are ‘Media Driven’

Treasury Secretary Scott Bessent dismissed growing concerns over a potential recession, attributing the anxiety to media exaggeration.

Bessent IMF World Bank Reform Call Rocks Global Finance

Treasury Secretary Scott Bessent delivered a forceful call for reform Wednesday, urging the International Monetary Fund (IMF) and World Bank to return to their founding missions and abandon political distractions that are undermining global financial stability.

Scott Bessent China Trade Strategy Targets United Economic Front

Treasury Secretary Scott Bessent reaffirmed the Trump administration’s economic strategy Wednesday, emphasizing plans for trade alliances with key partners to counter China while brushing off fears of a financial meltdown.

Treasury Secretary Scott Bessent Unveils Plan to Cut Long-Term Interest Rates

Treasury Secretary Scott Bessent has announced a strategy to reduce long-term interest rates, focusing on lowering the 10-year U.S. Treasury yield. His plan, independent of the Federal Reserve’s monetary policy, emphasizes deregulation, tax cuts, and significant reductions in federal spending to stabilize interest rates and ease inflation. Bessent explained that fiscal policy adjustments, such as cutting wasteful government spending, could encourage economic growth without triggering inflation.

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