Scott Bessent
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Appearances Over Time
Podcast Appearances
And I could give this team my highest compliment from President Trump.
Now, before he got that call, I just want to show you some other stuff that he was saying during that interview where he was like,
You're starting to think...
if this does keep persisting as it is, that the Navy has to go into the Strait of Hormuz to help ships get through, which would have a big effect.
Look, that was always in our planning that...
There's a chance that U.S.
Navy or perhaps an international coalition will be escorting oil tankers through.
There are, in fact, tankers coming through now, Iranian tankers.
I believe some Chinese flag tankers have come through.
So we know that they have not mined the Straits.
And was that what you were just discussing in the Situation Room?
We were discussing a plethora of things.
And is it your belief?
that the volume of ships going through the Strait of Hormuz will be improving immediately from now?
It is my belief that as soon as it is militarily possible, the U.S.
Navy, perhaps with an international coalition, will be escorting vessels through.
I think, as I've said many times, 2025 is about setting the table.
2026 is going to be a banquet for the American people.
The economy is taking off.
We saw 40,000 new construction jobs.