Scott Bessent
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Appearances Over Time
Podcast Appearances
Everyone says to me, oh, where are these factory jobs that you planned?
And unlike
What you and I see in the financial markets, you can't push a button and build a factory.
There's lead time, but what we are seeing is big commitments to these factories that are going to be built.
First, we'll get the construction jobs, and then the factory jobs are going to come.
So I think we're going to see the tremendous groundbreakings.
I think we're going to see a lot of factory completions this year.
America, GDP was down in the fourth quarter.
Why?
Because the Schumers shut down.
So not only are they not helping us clean up the mess, they're doing everything they can to frustrate our efforts, to interfere with President Trump's efforts to clean up their messes.
It's really despicable.
Treasury's estimates show that the use of Section 122 authority combined with potentially enhanced Section 232 and Section 301 tariffs will result in virtually unchanged tariff revenue in 2026.
It's in dispute.
Supreme Court did not rule on that today.
They pushed it back down to the International Tax and Trade Court.
And my sense is that could be dragged out for weeks, months, years.
Boy, has she had a big victory today.
She's going to have two-thirds majority in the upper house.
President Trump endorsed her last week.