The Trump administration has successfully addressed the “three I’s” that he said were devastating working-class Americans: immigration, interest rates, and inflation, Treasury Secretary Scott Bessent said in an exclusive interview with Breitbart Business Digest co-authors Alex Marlow and John Carney released Monday.
Bessent pointed to a March 2024 article he wrote for Fox Digital titled “How the Three I’s Are Eviscerating Working Americans” as the framework for understanding the administration’s economic progress.
“Immigration, interest rates and inflation,” Bessent said, ticking off the three factors. On immigration: “Borders closed, promise made, promise kept.”
On interest rates, Bessent noted that the 10-year Treasury yield stood at 5.08 percent when Trump took office and now sits

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