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Executive agency responsible for promoting economic prosperity & ensuring financial security of the United States. Led by 79th Treasury @SecScottBessent

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Counselor to Treasury Secretary Scott Bessent Joseph Lavorgna: "The fact is, the U.S. is the world’s largest consumer. We dictate the terms. President Trump knows from a negotiating standpoint everybody wants to be in the U.S. market, and the U.S. has the leverage, and you just have yet to see it in any of these prices. I don’t understand why the economics community is so dense in not understanding that"

Counselor to Treasury Secretary Scott Bessent Joseph Lavorgna: "The fact is, the U.S. is the world’s largest consumer. We dictate the terms. President Trump knows from a negotiating standpoint everybody wants to be in the U.S. market, and the U.S. has the leverage, and you just have yet to see it in any of these prices. I don’t understand why the economics community is so dense in not understanding that"

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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.

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 Department

674,823 views • 1 month ago

.Treasury Secretary Scott Bessent: Trump Accounts are going to be invested in low-cost index funds. Everyone is going to participate in the American Dream. I think we are at the edge of an innovation wave here.

.Treasury Secretary Scott Bessent: Trump Accounts are going to be invested in low-cost index funds. Everyone is going to participate in the American Dream. I think we are at the edge of an innovation wave here.

Treasury Department

79,033 views • 11 days ago

WATCH: Treasury Secretary Scott Bessent Participates in the Launch of Trump Accounts: "The American Dream belongs to every child, and today we are equipping the next generation with the right to claim their rightful share of it. Through Trump Accounts, President Donald J. Trump is creating an ownership economy where all citizens become shareholders. 38 percent of American families do not have any exposure to our great equity markets, but with Trump Accounts, over time, we can get that number to zero."

WATCH: Treasury Secretary Scott Bessent Participates in the Launch of Trump Accounts: "The American Dream belongs to every child, and today we are equipping the next generation with the right to claim their rightful share of it. Through Trump Accounts, President Donald J. Trump is creating an ownership economy where all citizens become shareholders. 38 percent of American families do not have any exposure to our great equity markets, but with Trump Accounts, over time, we can get that number to zero."

Treasury Department

23,958 views • 5 days ago

.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 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 Department

1,275,056 views • 9 months ago

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.

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 Department

1,069,710 views • 9 months ago

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.”

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 Department

922,106 views • 9 months ago

.Treasury Secretary Scott Bessent on Squawk Box: “It is also the 250th anniversary of Adam Smith’s The Wealth of Nations. Adam Smith could not have imagined what the United States would have unleashed by letting people innovate, form their own businesses, and live in a free society. When you unleash human potential like only the United States has. We should be proud of this in our 250th year."

.Treasury Secretary Scott Bessent on Squawk Box: “It is also the 250th anniversary of Adam Smith’s The Wealth of Nations. Adam Smith could not have imagined what the United States would have unleashed by letting people innovate, form their own businesses, and live in a free society. When you unleash human potential like only the United States has. We should be proud of this in our 250th year."

Treasury Department

51,406 views • 17 days ago

.Treasury Secretary Scott Bessent: “Any one of our initiatives on trade, tax cuts, and deregulation would be substantial. Taken together, they are transformative. Before President Donald J. Trump took office, our trading partners exploited America’s markets, our regulatory state smothered businesses, and our tax code was poised to punish workers and job creators. Today, President Trump’s policies are driving lower taxes, bigger paychecks, and broader prosperity.”

.Treasury Secretary Scott Bessent: “Any one of our initiatives on trade, tax cuts, and deregulation would be substantial. Taken together, they are transformative. Before President Donald J. Trump took office, our trading partners exploited America’s markets, our regulatory state smothered businesses, and our tax code was poised to punish workers and job creators. Today, President Trump’s policies are driving lower taxes, bigger paychecks, and broader prosperity.”

Treasury Department

106,311 views • 1 month ago

.Treasury Secretary Scott Bessent: “Today, in the place where Hamilton’s legacy surrounds us, we are extending the reach of this institution to the young people whom his wife devoted herself to defending. We are affirming that the American Dream belongs to every child. And because of the President and Mrs. Trump, through her Fostering the Future Initiative, we are equipping more children to claim their rightful share of it.”

.Treasury Secretary Scott Bessent: “Today, in the place where Hamilton’s legacy surrounds us, we are extending the reach of this institution to the young people whom his wife devoted herself to defending. We are affirming that the American Dream belongs to every child. And because of the President and Mrs. Trump, through her Fostering the Future Initiative, we are equipping more children to claim their rightful share of it.”

Treasury Department

81,464 views • 1 month ago

.Treasury Secretary Scott Bessent: Trump Accounts are a game changer. 38% of American households do not own equities. This administration’s goal is to push this out to teach financial literacy and to bring everyone into the American dream.

.Treasury Secretary Scott Bessent: Trump Accounts are a game changer. 38% of American households do not own equities. This administration’s goal is to push this out to teach financial literacy and to bring everyone into the American dream.

Treasury Department

21,484 views • 11 days ago

.Treasury Secretary Scott Bessent on Squawk Box: "Our economic policies strayed from our interests over the past couple of decades, and President Donald J. Trump has just called for a rethink. We have all hands-on deck in the administration, whether it is our foreign policy, our economic policy, and our military policy. Everyone wants to be part of the U.S. economy."

.Treasury Secretary Scott Bessent on Squawk Box: "Our economic policies strayed from our interests over the past couple of decades, and President Donald J. Trump has just called for a rethink. We have all hands-on deck in the administration, whether it is our foreign policy, our economic policy, and our military policy. Everyone wants to be part of the U.S. economy."

Treasury Department

29,484 views • 17 days ago

Under Treasury Secretary Scott Bessent leadership, Treasury is working around the clock to protect Americans – particularly seniors – from scams, fraud, and financial exploitation. This Administration is committed to ensuring that older Americans can live out their golden years without fear of fraud, abuse, or being taken advantage of by malicious actors. Treasury and our partners on the Elder Justice Coordinating Council are reminding Americans of helpful tactics to spot and avoid scammers.

Under Treasury Secretary Scott Bessent leadership, Treasury is working around the clock to protect Americans – particularly seniors – from scams, fraud, and financial exploitation. This Administration is committed to ensuring that older Americans can live out their golden years without fear of fraud, abuse, or being taken advantage of by malicious actors. Treasury and our partners on the Elder Justice Coordinating Council are reminding Americans of helpful tactics to spot and avoid scammers.

Treasury Department

38,948 views • 25 days ago

President Trump is delivering a Golden Age economy. GDP was revised upward to a very strong 3.8% for the second quarter, driven by high consumption and retail. The CapEx Comeback is building momentum, with capital spending up roughly 15% since the year began. The best part? The private sector and the American people – not the government – are the beneficiaries.

President Trump is delivering a Golden Age economy. GDP was revised upward to a very strong 3.8% for the second quarter, driven by high consumption and retail. The CapEx Comeback is building momentum, with capital spending up roughly 15% since the year began. The best part? The private sector and the American people – not the government – are the beneficiaries.

Treasury Department

342,136 views • 9 months ago

.Treasury Secretary Scott Bessent tells Bret Baier: Prosperity is coming under President Donald J. Trump. The underlying economy is very strong. We’re going to get on the other side of this Iran conflict, and the inflation will come back to target. We’ll go back to real wage growth… We can’t have real durable prosperity without economic security.

.Treasury Secretary Scott Bessent tells Bret Baier: Prosperity is coming under President Donald J. Trump. The underlying economy is very strong. We’re going to get on the other side of this Iran conflict, and the inflation will come back to target. We’ll go back to real wage growth… We can’t have real durable prosperity without economic security.

Treasury Department

23,471 views • 16 days ago

Counselor to Treasury Secretary Scott Bessent Joseph Lavorgna: “What we have in the bill are very pro-growth initiatives. We’re doubling the small business expensing. We’re increasing Opportunity Zones. We’re making President Trump’s tax cuts permanent. Factories now get 100% expensing. That’s going to be hugely additive to the economy and building. So do you want to have that, or do you want to have a record tax hike and kill the economy next year? That doesn’t make any sense.”

Counselor to Treasury Secretary Scott Bessent Joseph Lavorgna: “What we have in the bill are very pro-growth initiatives. We’re doubling the small business expensing. We’re increasing Opportunity Zones. We’re making President Trump’s tax cuts permanent. Factories now get 100% expensing. That’s going to be hugely additive to the economy and building. So do you want to have that, or do you want to have a record tax hike and kill the economy next year? That doesn’t make any sense.”

Treasury Department

295,231 views • 1 year ago

Counselor to Treasury Secretary Scott Bessent Joseph Lavorgna: “Imports of goods were down, and the Consumer Price Index fell even more. So it’s not even like inflation is under 2%, it actually fell for those goods that were supposed to go up because of the tariffs. It’s remarkable. And it reflects the fact that foreign producers have absorbed this. The U.S. being the biggest consumer in the world really dictates the terms, and President Trump knows that.”

Counselor to Treasury Secretary Scott Bessent Joseph Lavorgna: “Imports of goods were down, and the Consumer Price Index fell even more. So it’s not even like inflation is under 2%, it actually fell for those goods that were supposed to go up because of the tariffs. It’s remarkable. And it reflects the fact that foreign producers have absorbed this. The U.S. being the biggest consumer in the world really dictates the terms, and President Trump knows that.”

Treasury Department

282,384 views • 1 year ago

.Treasury Secretary Scott Bessent: “This Tax Day, under President Donald J. Trump, we celebrated how much more money hardworking Americans kept, not how much the government took. Over 62 million tax returns claimed at least one of President Trump’s signature new tax cuts—No Tax on Tips, No Tax on Overtime, deductibility of American car loan interest, and an enhanced deduction for low- and middle-income seniors. All told, the average refund increased by over 11 percent, with total refunds increasing by 18 percent.”

.Treasury Secretary Scott Bessent: “This Tax Day, under President Donald J. Trump, we celebrated how much more money hardworking Americans kept, not how much the government took. Over 62 million tax returns claimed at least one of President Trump’s signature new tax cuts—No Tax on Tips, No Tax on Overtime, deductibility of American car loan interest, and an enhanced deduction for low- and middle-income seniors. All told, the average refund increased by over 11 percent, with total refunds increasing by 18 percent.”

Treasury Department

26,890 views • 1 month ago

.Treasury Secretary Scott Bessent: “President Donald J. Trump’ pro-growth policies don’t stop at putting more money back in the pockets of working- and middle-class families—they extend to placing the American Dream within closer reach of their children. For context, nearly 40 percent of Americans have no exposure to the U.S. stock market. That means no stake in the companies they help to build. Trump Accounts represent a profound reimagining of that arrangement. They will ensure that every American child can benefit from private ownership and compound growth; that every American child, in short, is born a shareholder. To date, nearly 6 million Trump Accounts have been opened, with 1.4 million eligible for the $1,000 seed contribution.”

.Treasury Secretary Scott Bessent: “President Donald J. Trump’ pro-growth policies don’t stop at putting more money back in the pockets of working- and middle-class families—they extend to placing the American Dream within closer reach of their children. For context, nearly 40 percent of Americans have no exposure to the U.S. stock market. That means no stake in the companies they help to build. Trump Accounts represent a profound reimagining of that arrangement. They will ensure that every American child can benefit from private ownership and compound growth; that every American child, in short, is born a shareholder. To date, nearly 6 million Trump Accounts have been opened, with 1.4 million eligible for the $1,000 seed contribution.”

Treasury Department

21,146 views • 1 month ago

Watch the full remarks from United States Trade Representative and Treasury Secretary Scott Bessent's press conference below:

Watch the full remarks from United States Trade Representative and Treasury Secretary Scott Bessent's press conference below:

Treasury Department

86,009 views • 8 months ago

Counselor to Treasury Secretary Scott Bessent Joseph Lavorgna: “The One Big Beautiful Bill increases supply side incentives to keep growth robust through capital investment and capital deepening. The markets are already responding very positively to what they expect on the inflation side. So again, these notions, that inflation is going to pick up, that deficits are going to stay high, are completely wrong.”

Counselor to Treasury Secretary Scott Bessent Joseph Lavorgna: “The One Big Beautiful Bill increases supply side incentives to keep growth robust through capital investment and capital deepening. The markets are already responding very positively to what they expect on the inflation side. So again, these notions, that inflation is going to pick up, that deficits are going to stay high, are completely wrong.”

Treasury Department

88,779 views • 1 year ago