Treasury Secretary Scott Bessent Remains Confident in U.S. Economic Growth Despite Recession Fears

U.S. Treasury Secretary Scott Bessent dismissed recession concerns for 2026, instead highlighting the positive impact of the Trump administration’s economic policies on the expected growth trajectory of the economy. Bessent attributed this optimism to recent fiscal strategies such as tax cuts and support for domestic manufacturing. These measures aim to stimulate job creation and drive noninflationary growth in the coming years.