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Benzinga
Benzinga
Business
Namrata Sen

Scott Bessent Admits Parts Of US Economy Are In Recession, Says Overall Still In 'Good Shape'

Bessent Draws Parallels To Election Interference

Treasury Secretary Scott Bessent blamed the current state of the economy on Federal Reserve policies and attributed high inflation to high government spending during the COVID era, which the Trump Administration is cutting.

Bessent Says Trump’s Spending Cuts To Ease Inflation

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