Scott Bessent

speaker
3,921 appearances 268 recordings 20 series first heard Mar 2025 last heard 2d ago

Scott Bessent’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
86 · Aug OctJan 26AprJulnow

Recordings per month over the last 12 months — 231 in all, peaking in Aug 2026 with 86.

Appearances

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And that's how that is what measures the wealth of a nation is the ability to uh increase after tax uh return on capital. matched
So we're pulling back matched
the uh think of it as pulling back the slingshot here. matched
We have a lot of potential energy that will turn into kinetic energy during this year, next year as these factories come online. matched
Uh I I think the very very good chance we have that we we are going to be laser focused, as I said, uh O and D director Voke, myself, the President, uh that combined with the Vice President's fraud task force where I think we could save several hundred billion dollars. matched
I have asymmetric information. matched
So you know I think that the market should think, well, why would we have joined the Japanese in the intervention at this time? matched
The uh do we know something the market doesn't know? matched
That in terms of being willing to do you know what I would call a treasury twist here in in terms of the bond market matched
What what do I know that the market doesn't know? matched
So, you know, I I think the market's probably gotten a little a h ahead of itself, l lot of people, uh not much to do in August. matched
Why would it do that? matched
Uh I again uh you know I think that the uh Treasury and uh the Fed would work together if there was any change in the balance sheet and uh we we would adjust uh to any kind of runoff that they're doing. matched
Uh th that ha that has nothing to do the uh with the decision that I announced this week on the five acts. matched
And remember, we did not get here in a day that we were left with a mess.
The Biden administration had the highest deficit to GDP in history when we weren't at war or weren't in a recession.
For twenty twenty five, we brought it down by more than a percent.
Declining, we got a spike in oil prices today that I don't really understand.
You know, our announcement is for uh economic.
uh action and I think that the economic action will mean that oil prices will come down sooner.
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