US Treasury Secretary Bessent: We're planning to significantly boost economy in 4Q In other words… https://t.co/nKYTWpWzkw
US Treasury chief Bessent upbeat on China talks, economy, and possible Budapest summit https://t.co/CyfTuYu7rV
US Treasury Secretary Bessent announced plans for a significant economic boost in the fourth quarter.
US Treasury Secretary Bessent said the administration is preparing a "significant" push to lift economic growth in the fourth quarter of 2025, adding that the measures could set the stage for a "booming" 2026. She did not detail the size or specific components of the forthcoming stimulus but indicated that the package is intended to reinforce momentum as the year ends. Bessent also cited "very good" progress in recent economic discussions with China and suggested the status quo in bilateral trade relations is working well. She signaled openness to a potential summit in Budapest to advance cooperation, underscoring that improved ties with Beijing form part of Washington’s broader growth strategy.
