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Scott Bessent Bets on U.S. Growth Surpassing 3% Soon

Summary by The Rio Times
U.S. Treasury Secretary Scott Bessent, a pivotal Trump administration economic advisor, said in a Bloomberg TV interview from today, that he anticipates U.S. economic growth surpassing 3% by late 2025. He anchors this bold forecast on a strategy blending tax cuts, deregulation, and trade reforms. His vision reveals a push to boost American prosperity while […]

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Scott Bessent responded to criticism of the fiscal impact of President Donald Trump’s “One Big, Beautiful Bill.” After some Republicans in Congress like Ron Johnson, Rand Paul, or Thomas Massie were concerned about the effects of legislation on the country’s fiscal trajectory, the Treasury Secretary said the important thing is that “the economy grows faster than debt.” Read more]]>

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The Daily Wire broke the news in Nashville, United States on Friday, May 23, 2025.
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