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Scott Bessent: “More supply also pushes down inflation and increases…”

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 01:11

Well, as I've often said Senator, the President's economic program is a three legged stool. Trade, tax and dereg. And permanent reform is a very important part of the deregulatory agenda. And as we've seen, More supply also pushes down inflation and increases economic growth. I think it is the deregulatory agenda is the most unsung part of the President's agenda. Yeah, yeah, I couldn't agree more with that. (01:11–01:18)

CLAIM

Asserts that increasing supply reduces inflation and boosts economic growth.

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