Treasury Sec. Scott Bessent: ‘All Hands on Deck’ from ‘All Areas of Government’ in Trump Admin to ‘Bring Down InflationMatthew Boyle 13 Mar 2025 Washington, DC
WASHINGTON — Treasury Secretary Scott Bessent told Breitbart News exclusively on Thursday that President Donald Trump’s administration is employing an “all hands on deck” whole-of-government approach to undoing the damage to the economy that Democrats like former President Joe Biden left behind.
Bessent sat with Breitbart News for a more-than-half-hour-long exclusive on-camera interview in the Salmon Chase Suite at Treasury Department headquarters in downtown Washington, DC, next door to the White House. The suite, named for onetime treasury secretary and later Chief Justice of the Supreme Court Salmon Chase, is one of the most historic offices in the building. It is in this room where Chase and then-President Abraham Lincoln developed much of the modern monetary policy for the United States as a way to finance the preservation of the American Republic during the Civil War. Greenbacks, the Bureau of Engraving and Printing, and even the IRS can trace their roots to this room.
Bessent has been on the job now for a little over a month — he was Senate-confirmed on Feb. 3, 2025. And new numbers released this week on inflation show that in his first month on the job, the first full month of Trump’s presidency, both consumer prices and producer prices are coming in better than expected by economists. While the administration is not out of the woods yet regarding the American economy, Bessent clearly is expressing optimism about the long-term views of the nation. Asked about this major development, and what more there is to be done, Bessent said the Trump White House “inherited” an “affordability crisis” from Biden and that right now the administration is doing everything it can to prevent “recursive Biden-flation.”
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https://www.breitbart.com/politics/2025/03/13/exclusive-scott-bessent-trump-admin-bring-down-inflation/
