
Treasury Secretary Scott Bessent
@SecScottBessent • 1,003,272 subscribers
79th United States Secretary of the Treasury
Shorts
Videos

Under Operation Economic Outcast, Iran’s regime is running out of lifelines, and its proxies are feeling the pressure. Tehran is struggling to move money, while the IRGC is reportedly failing to pay its own troops. We are cutting the regime’s ability to fund the Houthis, Hamas, and Hizballah. We will not allow Tehran to continue financing their campaign of terror.
Treasury Secretary Scott Bessent149,542 views • 6 hours ago

.Barack Obama I recommend the Cheeseburger Spring Rolls.
Treasury Secretary Scott Bessent795,020 views • 3 days ago

The effort undertaken by Department of Government Efficiency and Elon Musk is one of the most important of my lifetime and I am committed to not letting the bureaucracy slow it down. We need to get the costs under control; we need to get government efficiency under control; and we need to make the government work better for the American people. At Treasury Department we’re committed to doing that.
Treasury Secretary Scott Bessent41,376,387 views • 1 year ago

We’ve been addicted to government spending for far too long, and now it’s time to re-leverage the private sector. By reversing Biden’s blowout spending and implementing responsible deregulation, we will deliver growth and prosperity for hardworking Americans.
Treasury Secretary Scott Bessent23,950,095 views • 1 year ago

The ‘E’ in DOGE is efficiency. It's not elimination. It's not extinction. We are trying to make the government do better for the American people and right-size it— the government can do a better job for the American people at a better price.
Treasury Secretary Scott Bessent22,396,892 views • 1 year ago

In the Second World War, D-Day marked the historic beginning of a campaign with our allies to target and drive the enemy from its positions, including those in third countries. Today, in that same spirit, we are launching an economic onslaught against Iran’s financial connections around the globe. Our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone. President Trump has taken action that his predecessors have long deferred. Under his leadership, America is no longer managing the Iranian threat. We are ending it. Those who stand with the United States will reap the rewards of our partnership. Those who tether themselves to Tehran should expect to share in the isolation of a withering regime.
Treasury Secretary Scott Bessent1,484,052 views • 2 months ago

Under President Donald J. Trump, the private sector has created over 1 million jobs. Real wages are outpacing inflation. The bottom 25 percent of wage earners are seeing larger wage increases than those at the top. And the Working Families Tax Cuts has delivered the largest share of tax relief directly to millions of low- and middle-income Americans.
Treasury Secretary Scott Bessent323,603 views • 1 month ago

In my own life experiences, as a student of economic history, and now as the seventy-ninth Treasury Secretary, it is my firm belief that financial literacy is what fuels the American Dream. My family and I have supported financial literacy around the United States for decades, and it is an honor to elevate this issue as part of the U.S. G20 Presidency. President Donald J. Trump is creating an ownership economy where all citizens become shareholders in America’s wealth. With the landmark Trump Accounts, every American born between January 1, 2025, and December 31, 2028, is eligible to receive a $1,000 contribution from the Treasury Department that will be immediately invested in an index fund. These investment accounts also create a real-time laboratory of financial literacy for all Americans, providing students with a hands-on education in the power of compound growth.
Treasury Secretary Scott Bessent392,846 views • 1 month ago

It is unusual for soon-to-be-former Fed Chair Jay Powell to stay on at the Federal Reserve. For someone who speaks so often of norms, his unilateral decision to stay flies in the face of tradition. Kevin Warsh will bring about a new day at the Fed, with accountability, management, and sound policymaking in the lead.
Treasury Secretary Scott Bessent1,269,626 views • 6 months ago

Before the war in Ukraine, less than 1% of India’s oil came from Russia. Now it is 42%. The system is allowing India to profiteer by buying cheap Russian oil, reselling it, and pocketing $16B in excess profits. This opportunistic arbitrage is unacceptable.
Treasury Secretary Scott Bessent3,005,294 views • 1 year ago

On March 6, 2025, at the Economic Club of New York, I said that if I were an Iranian, I would get my money out of the rial. At the time, "official inflation" was 35%, the currency had depreciated by 60%, and the exchange rate was 887,500 rials to the U.S. dollar.
Treasury Secretary Scott Bessent397,472 views • 2 months ago

Thanks to the mutual respect between President Donald J. Trump and President Xi, the U.S.–China relationship has reached a stable but competitive point. Our goal is fair competition and de-risking, not decoupling. It is clear that China must rebalance, and their persistent $1 trillion trade surplus must be addressed.
Treasury Secretary Scott Bessent1,623,702 views • 8 months ago

For the last four decades, Wall Street has grown wealthier than ever before. And it can continue to grow and do well. But for the next four years, it’s Main Street’s turn. It’s Main Street’s turn to hire workers. It’s Main Street’s turn to drive investment. And it’s Main Street’s turn to restore the American Dream.
Treasury Secretary Scott Bessent3,501,839 views • 1 year ago

Just as President Donald J. Trump is reviving American economic growth and making it the centerpiece of this Administration’s agenda, we are taking the same approach and prioritizing growth as the host of this year’s G20 Finance Track. We look forward to convening policymakers and private sector leaders from around the globe to emphasize that stronger growth is not only possible, but necessary.
Treasury Secretary Scott Bessent328,828 views • 2 months ago

Stronger, more durable growth is the central priority of the U.S. G20 Presidency. And under President Donald J. Trump, the United States is setting the pace in correcting policy failures that inhibit it. We have made the U.S. the world’s premier destination for capital to flow and for businesses to flourish. Delivered historic tax relief to millions of working families. And reclaimed our position as the world’s energy superpower. These achievements are shaping the next era of growth. And we are just getting started.
Treasury Secretary Scott Bessent319,034 views • 1 month ago

Show me where communism has ever worked before—whether it’s the Soviet Union, Cuba, or Venezuela. With these policies, you always end up with less. Core inflation, which came out days ago, was 2.5%—a very good number, moving toward the Fed’s 2% target. What we’ve seen over the past year is that wages for the bottom 25% of working Americans were up 5.5%.
Treasury Secretary Scott Bessent392,984 views • 2 months ago

Over the past few days, we have convened the world’s leading economic policymakers and business leaders here in Asheville around a common purpose of stronger growth. Every discussion brought us back to the same conviction: growth is the strongest foundation for durable prosperity. The private sector does not just participate in economic growth. It is the engine of economic growth. That is the approach the United States has brought to our G20 Presidency: a focus on results. And here in Asheville, we have delivered.
Treasury Secretary Scott Bessent282,219 views • 1 month ago

.Kristen Welker pushed back last week when I warned that the BLS jobs data would show a massive downward revision. Now it’s official: 2024 job gains were exaggerated by nearly 1M workers, and this is on top of an already reported 577K in downward revisions. This brings the Biden jobs overstatement to a staggering 1.5M. The truth: President Trump inherited a far worse economy than reported, and he’s right to say the Fed is choking off growth with high rates.
Treasury Secretary Scott Bessent2,087,730 views • 1 year ago