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U.S. Treasury Secretary Promises Strong Economy, Tax Cuts Ahead

11/23/2025

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Story summary
  • On November 7, 2025, U.S. Treasury Secretary Scott Bessent spoke at a Boeing facility groundbreaking in North Charleston, South Carolina.
  • He said the economy faces no recession risk in 2026 and would benefit from U.S. President Donald Trump's policies.
  • Bessent highlighted the One Big, Beautiful Bill Act to make Trump's 2017 tax cuts permanent and lower healthcare costs.