Treasury Secretary Scott Bessent said the US is not at risk of a recession in 2026 – adding that he’s “very, very optimistic” about the impact from President Trump’s tariffs and trade deals.
When asked whether the US could slip into a recession next year, Bessent said “no.”
“I am very, very optimistic on 2026. We have set the table for a very strong, noninflationary growth economy,” Bessent told NBC News’ Kristen Welker during “Meet the Press” on Sunday.
Bessent added that Americans will feel relief next year as Trump’s tariffs, trade deals and “big, beautiful bill” set in.
Specifically, “health care is going to come down,” Bessent said, adding that details on this front will come this week.
It’s a sharp turnaround from earlier this year, when Goldman Sachs and JPMorgan hiked odds

New York Post Business

CNN Business
Benzinga
Essentiallysports Football
Omak Okanogan County Chronicle
The Daily Beast
Reuters US Business
CNBC Investing
Associated Press US News
Deadline Politics
People Top Story