US EditionBessent says inflation rise ‘has nothing to do with tariffs’
Treasury Secretary Scott Bessent denies inflation rise linked to tariffs and says moving from blue to red states can lower personal inflation by 0.5%, according to him.
- On Sunday, Treasury Secretary Scott Bessent refused to concede inflation had risen after NBC Meet The Press host Kristen Welker pressed him and advised Americans to `Move from a blue state to a red state`.
- Data show inflation rate rose from 2 percent in April to 3 percent now, a change that coincided with tariffs imposed in April.
- Media commentators sharply criticized the exchange, with Evan Rosenfeld arguing Republicans showed no improvement and John Harwood writing `Scott Bessent cannot stop staying really stupid things`.
- Rejecting that approach, Treasury Secretary Scott Bessent said `the one thing we're not gonna do is do what the Biden administration did`, while critics argued denying reality won't ease economic anxiety.
- Critics said the exchange amplifies charges that the administration is misrepresenting inflation, with Evaristus Odinikaeze calling it `the same gaslighting they accused others of`.
9 Articles
9 Articles
'No No No No!" Treasury Secretary Roasted For Denying Inflation Under Trump
Treasury Secretary Scott Bessent on Sunday refused to admit inflation has gone up for Americans after NBC Meet The Press host Kristen Welker confronted him with the numbers."Inflation has gone up,” Welker said Sunday. “It's at three percent now up from two percent in April when the tariffs were imposed.”“No, no no no,” Bessent replied. “So, inflation hasn't gone up. The one thing we're not gonna do is do what the Biden administration did and tel…
Bessent says inflation rise ‘has nothing to do with tariffs’
Treasury Secretary Scott Bessent said on Sunday that President Trump’s sweeping tariffs have “nothing to do” with the rise in inflation. In an interview Sunday on NBC News’s “Meet the Press,” moderator Kristen Welker pressed the secretary on the administration’s decision to roll back tariffs on more than 200 food products, just as President Trump…
Bessent: Trump Admin Targeting ‘Three I’s’ To Restore Affordability
Treasury Secretary Scott Bessent said on Sunday that the Trump administration’s economic strategy is centered on fixing “the three I’s: immigration, interest rates, and inflation,” adding that Americans are traumatized by Biden-era inflation.“One thing we’re not going to do is what the Biden administration did — tell the American people they don’t know how they feel,” Bessent said. “They are traumatized by Biden-era inflation. We’ve slowed it, a…
Treasury secretary blasted for 'denying reality' after claiming 'inflation hasn't gone up'
Treasury Secretary Scott Bessent on Sunday refused to admit inflation has gone up for Americans after NBC “Meet The Press” host Kristen Welker confronted him with the numbers."Inflation has gone up,” Welker said Sunday. “It's at 3 percent now up from 2 percent in April when the tariffs were imposed.”“No, no no no,” Bessent replied. “So, inflation hasn't gone up. The one thing we're not gonna do is do what the Biden administration did and tell th…
Treasury secretary blasted for 'denying reality' after claiming 'inflation hasn't gone up'
Treasury Secretary Scott Bessent on Sunday refused to admit inflation has gone up for Americans after NBC “Meet The Press” host Kristen Welker confronted him with the numbers."Inflation has gone up,” Welker said Sunday. “It's at 3 percent now up from 2 percent in April when the tariffs were imposed.”“No, no no no,” Bessent replied. “So, inflation hasn't gone up. The one thing we're not gonna do is do what the Biden administration did and tell th…
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