Scott Bessent Predicts U.S. Will See ‘Substantial Acceleration’ in Economy in First Half of 2026

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Scott Bessent Predicts U.S. Will See ‘Substantial Acceleration’ in Economy in First Half of 2026

Elizabeth Weibel 16 Nov 2025

Treasury Secretary Scott Bessent predicted that the United States will see a “substantial acceleration” in the economy in the first or second quarter of 2026.

Bessent’s comments came during an interview with Fox News host Maria Bartiromo. During the interview, Bessent also spoke about the rising costs of ground beef, which Omaha Steaks President and CEO Nate Rempe warned could reach “$10-a-pound by next fall,” according to the New York Post.

“I think we are going to see a substantial acceleration in the economy in the first, second quarter, and I think we are already seeing on many prices — as I said, we’re bending that curve down, and the increase in real income, I think Americans are going to feel it in the first quarter, second quarter,” Bessent said.

While Rempe had predicted during an interview with Fox News that ground beef prices probably would not decrease “until 2027,” Bessent pointed out that President Donald Trump recently signed an executive order lowering tariffs on imports such as beef and coffee, according to the outlet.

more
https://www.breitbart.com/politics/2025/11/16/scott-bessent-predicts-substantial-acceleration-economy-2026/

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excerpt:

Food prices have also been top of mind for cattle industry leader and Omaha Steaks CEO Nate Rempe, who warned Bartiromo on Friday that beef could cost $10 per pound by the third quarter of 2026.

With inflationary pressures still at play across the country, the Trump administration announced last week it plans to use tariff revenue to issue $2,000 payments to low- and middle-income Americans, with any remaining funds directed toward reducing the nation’s massive debt.

"We need legislation for that," Bessent said of the potential checks. "Thanks to him keeping his campaign promises to working Americans … the working class … [no] tax on tips, Social Security overtime, we are going to see a big bump there in the first quarter with the refunds and the real incomes … Sending $2,000 refunds … that would be for working families. We'll have an income limit."

more here
https://www.foxbusiness.com/economy/treasury-secretary-bessent-warns-perfect-storm-brewing-trump-eyes-2000-payments

[DefiantMassRINO]

Political shenanigans for 2026 Mid-Terms.

May increase inflation by creating more demand without providing greater supply at lower prices.

Congress needs to get off its @$$ to pass a supply-side economic package of deregulation to make it more competitive to 'make things' - agriculture, manufacturing, services - in America.

Like, passing legislation opening more BLM lands to cattle ranchers for grazing.  If that's codified in a bona fide LAW, it will be more difficult for an incoming Dem Admin to revoke it by Executive Order or by Federal Agency policy, regulation, or procedure.

 

[libertybele]

Political shenanigans for 2026 Mid-Terms.

May increase inflation by creating more demand without providing greater supply at lower prices.

Congress needs to get off its @$$ to pass a supply-side economic package of deregulation to make it more competitive to 'make things' - agriculture, manufacturing, services - in America.

Like, passing legislation opening more BLM lands to cattle ranchers for grazing.  If that's codified in a bona fide LAW, it will be more difficult for an incoming Dem Admin to revoke it by Executive Order or by Federal Agency policy, regulation, or procedure.

Absolutely agree!!!  If they don't the GOP is going to lose the mid terms BIGLY!!