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163 new news items in the last 24 hours
Monday 04:46

Treasury Secretary Scott Bessent states that the U.S. is not at risk of recession in 2026 and that Trump's policies will bring economic benefits, although some sectors are facing difficulties.

Lara Maior
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International
Maxim Elramsisy/ Shutterstock.com
Scott Bessent, the Treasury Secretary, stated that the U.S. does not face the risk of a recession in 2026 and expressed optimism about the positive impact of President Donald Trump's economic policies. Bessent mentioned that, although there are sectors in difficulty, such as real estate and those sensitive to interest rates, the economy will soon benefit from recent legislative measures, including the permanent tax cuts from 2017. These measures are part of the "One Big, Beautiful Bill Act," which will also include tax exemptions for various income categories.

Bessent emphasized that energy prices will contribute to lowering inflation, and healthcare costs will become more affordable. However, the deadlock in Congress regarding subsidies for the health insurance market could lead to increased costs for millions of Americans. A recent poll shows that the majority of voters believe the Trump administration has not effectively addressed economic issues, and perceptions of the economy vary significantly based on income levels.

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Financial Intelligence
 Scott Bessent consideră că nu va exista o recesiune în 2026 în SUA, dar afirmă că unele sectoare se confruntă cu provocări
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News.ro
Oficialii americani spun că economia SUA nu riscă recesiunea, în pofida pierderii de 11 miliarde de dolari provocate de blocajul guvernamental
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NBC News
Treasury secretary says there won't be a recession in 2026

ȘTIRI PE ACELEAȘI SUBIECTE

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International
Scott Bessent, the U.S. Treasury Secretary, states that the volatility of the stock markets will not influence trade negotiations with China, emphasizing the firm measures against Beijing.
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International
The U.S. Treasury Secretary, Scott Bessent, states that the U.S. can continue Trump's tariff policy, having legal alternatives, even if the Supreme Court rules against it.
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International
Scott Bessent, the U.S. Treasury Secretary, called a Russian official a 'propagandist' and emphasized the negative impact of sanctions on the Russian economy.
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International
The Treasury Secretary, Scott Bessent, announced on Wednesday plans for a partnership with the private sector to provide Argentina with an additional financial aid of up to 20 billion dollars.
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International
CNBC Survey: Americans' confidence in the economy has decreased, with a 42% approval rating for Trump amid inflation and concerns about jobs.
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Scott Bessent USA recession Economy economic recession

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