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Scott Bessent: “Rates peaked the day before [Kevin] Warsh was sworn in.”

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

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Trump deal with Iran, gas prices, economics & more addressed during Scott Bessent, Larry Kudlow chat

Published | Video Starts at 23:50

Growth was high. Much better to come in now and look, you all can be the judge. I'm not saying whether it's the causation or the correlation. Correlation, but Rates peaked the day before [Kevin] Warsh was sworn in. And also tell me if this is, I think I'm noticing during this Iranian war episode, et cetera, with all, all of the good things that are going on, the dollar is actually improving. (23:50–23:55)

CLAIM

Asserts that interest rates peaked the day before Kevin Warsh was sworn in as Fed Chair.

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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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