Treasury Secretary Scott Bessent announces creation of an "affordability czar"

Affordability concerns for future Lexington homebuyers

Lexington Habitat for Humanity CEO Darryl Neher said they serve families who make between 30 and 60 percent of the area median income.

Treasury Secretary Zings Pushy CBS Host: 'I Haven't Seen This Program'

On Sunday, CBS Face the Nation host Margaret Brennan presented new Treasury Secretary

“Affordability Czar” Nothing More Than a PR Stunt, Says Groundwork’s Alex Jacquez

Yesterday, Treasury Secretary Scott Bessent said in an interview that the Trump Administration would designate an “affordability czar” to address high prices. The announcement comes as Americans sour on Trump’s economy, with consumer sentiment nosediving and inflation expectations rising. Americans consistently list inflation as a top priority, but already think Trump is not focused on it and handling it poorly. Groundwork Collaborative Chief of…

Voters Still View Trump Favorably, But Remain Worried About Economy, Inflation: I&I/TIPP Poll

Five weeks into his second term as president, and Donald Trump still holds the approval of the American voting-age public. But, not surprisingly, sharp differences emerge when looking at party affiliation, with Republicans more likely to give the new chief executive high approval marks than either Democrats or independents, the latest I&I/TIPP Poll shows. The national online poll was taken by a sample of 1,434 adults from March 26-28 and has a m…

Treasury Secretary Says Inflation Will Fall Quickly

Treasury Secretary Scott Bessent predicted on CBS News that inflation would fall to the Fed’s 2% target “very quickly.” However, Bloomberg reports two new polls suggest Americans want to see President Trump do more to address inflation.

Bessent reveals creation of ‘affordability czar’ to tackle high prices

Treasury Secretary Scott Bessent on Sunday announced the creation of a new “affordability czar” and a separate “affordability council” to address high consumer prices. Speaking on CBS News’s Face the Nation, Bessent described the affordability czar as “someone who picks the five or eight areas where this administration can make a big difference for working-class Americans.” The Treasury secretary did not go into specifics on the new affordabilit…