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Scott Bessent: “FSOC is focused on growth as a desirable but also a lack of…”

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

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Dave McCormick Doesn't Let Up On Scott Bessent Over 'Unsustainable' Debt Trajectory Of U.S.

Published | Video Starts at 04:42

… especially as Vice President Harris was campaigning, wanted to go into a European style social democracy. Low growth, raise taxes, growth lower, more taxes, unsustainable debt. So that's why at FSOC is focused on growth as a desirable but also a lack of growth as a financial stability risk. I don't have time for a final question, but I will just say I want to compliment you and the administration and OFAC in particular for the maximum pressure campaign on Iran and what that means for supporting freedom in Iran. (04:42–04:53)

CLAIM

Asserts that FSOC is focused on growth and views lack of growth as a financial stability risk.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


Scott Bessent

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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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