PolitiQuote

Discover video-sourced quotes by politicians

Scott Bessent: “I've seen numbers that are starting to hurt the economy…”

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

Watch on YouTube

Watch CNBC's full interview with Treasury Secretary Scott Bessent

Published | Video Starts at 04:52

Three Democratic senators have come over. Leader Thune has a vote every day and they want to negotiate. We're saying reopen the. Reopen the government. Negotiate. Is it hurting the economy? I've seen numbers that are starting to hurt the economy. Maybe up to $15 billion a day. Do you expect it to have a material impact on the labor market? Could. I think it's having an impact on confidence. We saw a drop in small business confidence, which had been very strong. (04:52–04:58)

CLAIM

Asserts that the government shutdown may be costing the economy up to $15 billion a day.

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

Discover more from

Scott Bessent

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

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.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.