Sec. Bessent on January Jobs Report: ‘We Are Re-Privatizing the Economy’‘We put the necessary ingredients, policies into place, and now they’re starting to pay off’News & PoliticsVideo filesFullCompactSort byDateSummaryRelevancePopularityPer page81216Audio filesFullCompactSort byDateSummaryRelevancePopularityPer page81216Recipient e-mailMessage (optional)Preview
ADP: 33,000 jobs lost in June. The non-arm private sector lost 33,000 jobs in June, and annual pay was up 4.4% year over year, according to the ADP National Employment Report.
Read more »What does it mean to privatize an economy?Read more »What are Scott Bessent's economic beliefs?
He proposed a three-point economic plan for Trump modeled on Abenomics (lower deficit, monetary easing, and fiscal stimulus). Bessent opposes raising the federal minimum wage in the United States, calling it "more of a statewide and regional issue".
