US Treasury Secretary Bessent Says Markets Anticipated Tax Bill, Praises Trump Policies as US Economy Fires on All Cylinders

U.S. Treasury Secretary Scott Bessent has expressed confidence in the recent tax bill, stating that markets view it as fiscally prudent and supportive of economic growth. He noted that markets anticipated the bill's passage and recognize the non-inflationary growth it is expected to generate. Bessent highlighted that the U.S. economy is now "starting to fire on all cylinders," with confidence and momentum returning. He praised the underlying economic fundamentals and policies implemented during Donald Trump's administration, describing them as "incredible." According to Bessent, the U.S. is currently the hottest economy and conditions have been set to accelerate growth further.