Treasury Secretary Scott Bessent said that President Trump's tariffs aren't going to cause persistent inflation, but may lead to a one-time price adjustment.

Treasury Secretary Scott Bessent on Thursday offered a full-throated defense of the White House's position on tariffs, insisting that, "Access to cheap goods is not the essence of the American dream." In a speech delivered to a crowd of leading economists,

Scott Bessent is staking out a leadership role for the Treasury Department in the Trump administration’s deregulatory campaign. In a speech to The Economic Club of New York Thursday, the Treasury Secr

“Access to cheap goods is not the essence of the American dream,” Bessent told the Economic Club of New York. “The American Dream is rooted in the concept that any citizen can achieve prosperity, upward mobility, and economic security. For too long, the designers of multilateral trade deals have lost sight of this.”

The following is the transcript of an interview with Treasury Secretary Scott Bessent that aired on "Face the Nation with Margaret Brennan" on.

Bessent told Fox & Friends that the commander-in-chief’s top priority is living the living standards of ordinary Americans

International economic relations that do not work for the American people must be reexamined,” he said at the Economic Club of New York.

The elegant, old school South Carolinian emphasizes deregulation, especially in the banking sector — and the importance of reducing government jobs