Bessent Dismisses Recession Concerns, Credits Trump Policies for 2026 Growth Outlook

Treasury Secretary Scott Bessent offered an optimistic view of the U.S. economy, rejecting fears of a recession in 2026. He attributed this outlook to the policy framework implemented under former President Donald Trump, which he claims will drive visible economic improvements next year.

During an interview on NBC News' Meet the Press, Bessent highlighted the impact of tariff actions, trade agreements, and domestic legislation. He described these measures as foundational to strong, noninflationary growth. The administration's recent legislative package, dubbed the 'One Big, Beautiful Bill,' is already showing early signs of success, according to Bessent.

Key initiatives include tax reforms, trade deals, and efforts to reduce healthcare costs. Bessent emphasized that these policies will deliver broad economic relief, with more details on healthcare expected soon. His comments align with recent polling data indicating voter confidence in the administration's economic strategy.