Bessent says Americans will feel White House efforts on cost of living next year
Treasury Secretary Scott Bessent said Sunday that people should begin to feel the impact of the White House’s efforts to rein in the cost of living in the first two quarters of next year.
“I think we are going to see a substantial acceleration in the economy in the first, second quarter. And I think we are also, we're already seeing on many prices,” Bessent told Fox News’ “Sunday Morning Futures.” “As I said, we're bending, bending that curve down and the increase in real incomes, I think Americans are going to feel it in the first quarter, second quarter, I think 2026, thanks to President Trump's signature plans, is going to be a great year for working Americans, for the markets, I call it parallel prosperity — Main Street and Wall Street can both do great but I think Main Street is going to have a great year in 2026.

Bessent's comments follow Trump's signing of an executive order on Friday that modified his reciprocal tariffs to lower prices on many foods.
-ABC News’ Hannah Demissie






