Bessent promises 2026 will be ‘gangbuster year’ for economy amid affordability concerns

Treasury Secretary Scott Bessent promised that voters would feel the effects of the economic measures President Donald Trump is taking to alleviate the cost of living before next year’s midterm elections,

Scott Bessent Issues Recession Warning Over Housing Market

Demand has shrunk in recent months because of ongoing affordability issues keeping homebuyers to the sidelines of the market, including stubbornly elevated borrowing costs, high prices and property taxes, and rising home insurance premiums and homeowners associations (HOA) fees.

Bessent ‘Optimistic’ About Tariff Case, Says Revenue Will Decline Over Time

Treasury Secretary Scott Bessent on Wednesday said he’s “very optimistic” about the administration’s chances in the case challenging the president’s global tariffs, speaking to Fox Business at the White House after he attended oral arguments at the Supreme Court.

Bessent Says Some ‘Sectors’ Of Economy Are In Recession

Treasury Secretary Scott Bessent said Sunday he believes some sectors of the economy are in a recession or at risk of one, blaming the Federal Reserve for not cutting interest rates fast, just one day after newly appointed Federal Reserve Governor Stephen Miran warned of high interest rates triggering a recession in an interview with The New York Times.

Bessent says US housing market in 'recession' due to Federal Reserve interest rate policies

Treasury Secretary Scott Bessent said the U.S. housing market is in a recession due to high interest rates, and repeated his call for Fed cuts to lower mortgage rates.

Treasury Secretary Bessent: SNAP may be back by Wednesday

At least 42 million Americans could begin receiving SNAP benefits by the middle of the week, Treasury Secretary Scott Bessent said Sunday.
Independent Journal Review

Scott Bessent Points Out What’s Gone Unnoticed During Shutdown Which Could Stave Off Recession

Treasury Secretary Scott Bessent pointed out Sunday on CNN’s “State of the Union” the administration’s cutback on government spending as

Bessent urges Japan government to give BOJ scope to raise interest rates

U.S. Treasury Secretary Scott Bessent urged Japan's government on Wednesday to give the central bank scope to raise interest rates, escalating his warning to Tokyo against keeping the yen too weak through prolonged low borrowing costs.

Senate Democrats Press Bessent on Oversight of China Investments

Senate Democrats are pushing the Trump administration for more information on US efforts to prevent American private equity and venture capital firms from bankrolling advances by China and other adversaries in key technologies including artificial intelligence and quantum computing.
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