Secretary of Treasury Scott Bessent appears on NBC’s Meet the Press to discuss the current status of the economy and ongoing geopolitical events. Within the interview [Video and Transcript Below] Secretary Bessent notes that Ukraine President Volodymyr Zelenskyy, who is coordinating closely with both British King Charles and Canadian Prime Minister Mark Carney, needs to be very careful about the malicious lies he is speaking to U.S. audiences. WATCH:
[Transcript] – KRISTEN WELKER: Welcome back. Joining me now is Treasury Secretary Scott Bessent. Secretary Bessent, welcome back to Meet the Press.
SECRETARY SCOTT BESSENT: Kristen, good to be with you.
KRISTEN WELKER: It’s great to have you back. Let’s start on inflation, these new inflation numbers we got this week. Consumer prices rose in September at the fastest pace in five months, to 3.7%. Are the president’s policies driving up inflation?
SECRETARY SCOTT BESSENT: Kristen, we have an energy shock. And if you look underneath the hood in the numbers, core inflation has been very flat before this month, and it’d been down for four months in a row. So core inflation is down. The food is below the Fed’s targets. The prescription drugs have had the biggest decrease in history. Rents are down. So this is an energy shock. We will get to the other side of the Iran conflict, and those prices will come down.






