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Scott Bessent: “We have set the table for a very strong non-inflationary…”

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

Scott Bessent says U.S. will not enter recession despite some sectors showing warning signs

Published November 23, 2025 | Video Starts at 02:00

Boeing is expanding their Dreamliner plan. A thousand new jobs and I think we're going to see these plant openings every week. I am very, very optimistic on 2026. We have set the table for a very strong non-inflationary growth economy [in 2026]. We thank you for watching. And remember, stay updated on breaking news and top stories on the NBC News app or watch live on our YouTube (02:00–02:05)

CLAIM

Asserts that economic policies will lead to strong, non-inflationary growth.

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.

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Scott Bessent

“The longest government shutdown in history was a 1.5% hit to GDP.”
Scott Bessent says U.S. will not enter recession despite some sectors showing warning signs | Uploaded November 23, 2025 | 00:36-00:40
“9,500 flights were canceled [during the government shutdown].”
Scott Bessent says U.S. will not enter recession despite some sectors showing warning signs | Uploaded November 23, 2025 | 00:40-00:47
“Interest rate sensitive sectors have been in a recession.”
Scott Bessent says U.S. will not enter recession despite some sectors showing warning signs | Uploaded November 23, 2025 | 00:27-00:32
“Democrats didn't care that they hurt the American economy [during the government shutdown].”
Scott Bessent says U.S. will not enter recession despite some sectors showing warning signs | Uploaded November 23, 2025 | 00:40-00:47
“I am very confident about 2026 because [of] peace deals, tax deals and trade deals.”
Scott Bessent says U.S. will not enter recession despite some sectors showing warning signs | Uploaded November 23, 2025 | 00:55-01:05
“Under the one big beautiful bill, especially for working Americans, no tax on tips, tax on overtime, no tax on Social Security.”
Scott Bessent says U.S. will not enter recession despite some sectors showing warning signs | Uploaded November 23, 2025 | 01:14-01:29
“Auto deductibility on loans for American cars [is part of the bill].”
Scott Bessent says U.S. will not enter recession despite some sectors showing warning signs | Uploaded November 23, 2025 | 01:14-01:29
“Americans will get substantial refunds to working families in the first quarter of 2026.”
Scott Bessent says U.S. will not enter recession despite some sectors showing warning signs | Uploaded November 23, 2025 | 01:32-01:40
“Boeing is expanding their Dreamliner plant [in Charleston, South Carolina].”
Scott Bessent says U.S. will not enter recession despite some sectors showing warning signs | Uploaded November 23, 2025 | 01:49-01:53
“A thousand new jobs [will be created by Boeing's expansion].”
Scott Bessent says U.S. will not enter recession despite some sectors showing warning signs | Uploaded November 23, 2025 | 01:52-01:54