PolitiQuote

Discover video-sourced quotes by politicians

Scott Bessent: “We had three of the four largest bank failures in US…”

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

Watch on YouTube

ONE WEEK WARNING: Bessent predicts Iran could be forced to shut down oil wells

Published | Video Starts at 10:22

We had the worst inflation in 48 years. Ethics, we had five, five governors or regional bank presidents have to resign for ethical problems. And then We had three of the four largest bank failures in US history. So I'm looking forward to getting on with the war sped. You know, it's President, it's Chair Powell's decision to stay as a governor if he wants. (10:22–10:27)

CLAIM

Asserts that three of the four largest bank failures in US history occurred recently.

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.