Source: New York Post
WASHINGTON — Treasury Secretary Scott Bessent revealed Thursday that 6 million American children are enrolled in the about-to-launch “Trump Accounts” while brushing off what he called “short-term challenges” to the economy. Bessent, hosting a White House briefing, dismissed what he called a “doomer view” of the Iran war’s impact as he championed a more optimistic view of Americans’ well-being, pointing to stock indices notching all-time highs and ballooning 401k values. In wide-ranging remarks, the Treasury secretary predicted that inflation, gas prices and the national deficit would soon recede — and said Americans’ personal savings rate slumping to a four-year low actually could signal economic confidence.
