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Scott Bessent: “Before April, we had seen real wage growth for working…”

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

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Treasury chief Bessent says inflation could come down "as soon as this month"

Published | Video Starts at 02:02

It's largely dominated, as you said, by gasoline in many states. We're back to around 3, 350. I think we can get back to $3, hopefully maybe by Labor Day. But we had had Before April, we had seen real wage growth for working Americans every month during President Trump's presidency. And I would expect maybe even as soon as next month we will go back to that. I want to pick up on that wage growth point because annual wage growth three and a half percent, inflation's running above 4%. (02:02–02:13)

CLAIM

Asserts that there was real wage growth for working Americans every month before April during Trump's presidency.

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