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Scott Bessent: “I am saying that we are much closer to the fed's target rate…”

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

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SHOCKING CLASH: Brad Schneider Explodes At Scott Bessent—Then Bessent Fires Back

Published | Video Starts at 02:32

And family care, child care and elder care is prohibitively costly. Are you saying that cost of living is lower today than it was a year ago? I am saying that we are much closer to the fed's target rate of 2% on core inflation than we were when President Trump came into office. We are at 2.8%. And you can list off the most expensive groceries or that have had the biggest price increases. I got to. I think you're just out of touch with what American families are facing. (02:32–02:42)

CLAIM

Asserts that core inflation is at 2.8%, closer to the Fed's target rate of 2% than when President Trump took office.

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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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