Treasury Department
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Executive agency responsible for promoting economic prosperity & ensuring financial security of the United States. Led by 79th Treasury @SecScottBessent
Videos
.Treasury Secretary Scott Bessent: "The Democrats torched the American people—21.5% inflation during Biden’s term... A study from MIT shows that almost 50% of the inflation came from the out-of-control spending that went on then. We had a price level problem. We are bringing prices down... Core inflation is very tame.”
Treasury Department155,334 Aufrufe • vor 4 Tagen
.Treasury Secretary Scott Bessent: While all but one member of the G20 was able to reach consensus, the language that is reflected in the G20 Chair's Statement, which I will issue shortly, defines our time here and reflects the important issues of 19 members of the G20. These topics are critical for the growth and wellbeing of our countries, and we will continue to engage and demonstrate American leadership on them.
Treasury Department40,366 Aufrufe • vor 3 Tagen
.Treasury Secretary Scott Bessent: "This is a sustained campaign to collapse every last option for Iran. Let there be no ambiguity as to the position of the United States: an economic engagement of any kind with this murderous regime will expose those responsible to the full reach of American power."
Treasury Department118,856 Aufrufe • vor 11 Tagen
The Trump Accounts app launches today—the main interface for the most historic policy for American families in decades. This app is designed to be accessible for every household, ensuring that even our youngest shareholders can monitor their path to prosperity. While the accounts themselves will officially launch on July 4th, today we put the power of information in your hands. This app is available on all app stores now, and Treasury will continue to release information ahead of our nation’s 250th anniversary.
Treasury Department676,001 Aufrufe • vor 3 Monaten
.Treasury Secretary Scott Bessent: "Today, at President Trump's direction, the United States Treasury has begun Operation Economic Outcast... Our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone."
Treasury Department59,557 Aufrufe • vor 11 Tagen
Senator Sen. Marsha Blackburn on Operation Economic Outcast: "Iran is suffering from unprecedented inflation. We hear that the military and the police are not able to meet their payroll... I think it is important to note that Treasury Secretary Scott Bessent alluded to the fact that there's going to be more to come. Treasury has identified sectors, they have sanctioned entities and individuals. As we go through this process of being certain that Iran is financially isolated, it is important to have our allies in the neighborhood joining us."
Treasury Department52,046 Aufrufe • vor 11 Tagen
.Treasury Secretary Scott Bessent: 3.8% growth, the biggest in years. The important thing, as the President says, this is going to be noninflationary growth just like it was in his first term. Strong growth, low inflation, real wage gains... Small business optimism under President Trump last week hit a multi-year high. Main Street is back under President Trump.
Treasury Department1,275,155 Aufrufe • vor 11 Monaten
.Treasury Secretary Scott Bessent: "Nations that facilitate any interactions with the regime should quickly heed our message. Those who stand with the United States will reap the rewards of our partnership; those who tether themselves to the Iranian regime should expect to share in the isolation of a withering regime."
Treasury Department39,288 Aufrufe • vor 11 Tagen
Counselor to Treasury Secretary Scott Bessent Joseph Lavorgna: The real story was the consumer spending numbers. These are Trumpian-type numbers. We’re going to get these huge increases, and I said, you know, we’re going to see GDP marked up. Sure enough, the widely followed Atlanta Fed—which I highlight a lot because they’re nonpartisan, they’re objective—has GDP at 3.9%. That is 4%-ish GDP following nearly 4% growth last quarter, which is exactly what President Donald J. Trump said would happen. It’s what Secretary Bessent has been advocating, and it’s in an environment where inflation is coming down. The benefits from the tax bill have yet to be felt. So, the forward is great once the One Big Beautiful Bill kicks in and these big tax cuts for middle- and lower-income consumers are felt in ‘26.
Treasury Department1,069,795 Aufrufe • vor 11 Monaten
Counselor to Treasury Secretary Scott Bessent Joseph Lavorgna: “The problem with this shutdown is that the Democrats have voted for 13 clean continuing resolutions in the past, and therefore, the government should be open. This is squarely on the Democrats’ shoulders. I hope it doesn’t last as long as 35 days. We’ll see what happens. Fortunately, we’ve got men and women in the armed services, law enforcement, and others who will be working. The country will be protected. But it’s a sad situation. As Senator Fetterman alluded to, it shouldn’t be a partisan issue. We’ll see where it goes.”
Treasury Department922,106 Aufrufe • vor 11 Monaten
.Treasury Secretary Scott Bessent: "President Trump has taken action that his predecessors have long deferred, and under his leadership, America is no longer managing the Iranian threat — we are ending it... The strength of America's economy under President Trump allows us to wage this sustained financial operation."
Treasury Department28,590 Aufrufe • vor 11 Tagen
.Treasury Secretary Scott Bessent: "Iran now faces a very clear choice, with only two paths before them: complete global isolation and a subsistence economy or a path back to normalcy with an opportunity to rejoin the global economy. Today, we are launching Operation Economic Outcast to foreclose every other option available to the Iranian regime."
Treasury Department28,529 Aufrufe • vor 11 Tagen
.Treasury Secretary Scott Bessent: We had the biggest tax refund season ever. Trade deals, tax cuts, energy dominance, and deregulatory efforts. America is ushering in the greatest reshoring wave in our history. In June, our manufacturing sector expanded for the sixth straight month. We’ve got construction jobs, and those are going to lead into manufacturing jobs. We've got Main Street prosperity. Real wages are up $1,000. And the bottom 25% of wage earners, just like in President Donald J. Trump’ first term, are outperforming the top 25%. This is a working families Administration.
Treasury Department71,942 Aufrufe • vor 1 Monat
.Treasury Secretary Scott Bessent at the Ministerial on the Resurgence of Political Terrorism: I'm going to remind everyone in this room—and all the media—that I was the subject of an assassination attempt by an addled left-wing activist two hours after being sworn into my job. So any of you who want to report that this is a fiction and does not exist, be there for the sentencing this August.
Treasury Department68,535 Aufrufe • vor 1 Monat
