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Scott Bessent: “38% of American households have no exposure to the equity…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Speaker Johnson, Secretary Bessent, and Rep. Ciscomani Deliver Remarks with Arizona Manufacturers

Published | Video Starts at 24:15

Could you comment on how that along with these tax cuts, these tax cuts are promoting capitalism and fighting socialism and communism that's being risen in America, especially in this younger Great question. So 38% of American households have no exposure to the equity market, whether it's directly through brokerage accounts or through 401ks. And we want to create an ownership society through the Republican Congress. President Trump, the entire administration. President Trump wants to create assets, not debts, for the American people. (24:15–24:26)

CLAIM

Asserts that 38% of American households lack exposure to the equity market.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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