<p>Treasury Secretary Scott Bessent said on Sunday that the Trump administration’s economic strategy is centered on fixing “the three I&#8217;s: immigration, interest rates, and inflation,&#8221; adding that Americans are traumatized by Biden-era inflation.</p>
<p>“One thing we’re not going to do is what the Biden administration did — tell the American people they don’t know how they feel,” Bessent said. “They are traumatized by Biden-era inflation. We’ve slowed it, and we’re working very hard to bring it down.”</p>
<p>Bessent argued that immigration has been a major driver of high housing costs and wage stagnation. With the border closed and deportations underway, he expects home prices to fall and wages to rise. He pointed to October’s strong housing data as evidence, with home sales reaching their highest level in three years.</p>
<p>“The prices get better,” he said. “Energy prices, gasoline are down, we believe health care is going to come down. This will be the lowest cost for a Thanksgiving dinner in four years. Turkey prices are down 16%.”</p>
<p>While inflation ticked up to 3% from its 2.3% low earlier this year, Bessent insisted it remains under control. He noted that Federal Reserve Chair Jerome Powell has lowered interest rates by 0.50% this year and have another rate cut on the table for December.</p>
<p>Bessent credited the president’s peace agreements, tax reforms, and new trade deals as key drivers of future affordability. His remarks come days after Vice President JD Vance called on Americans to have “a little bit of patience” with the Trump administration’s economic strategy.</p>
<p><b>Right now, DailyWire+ annual memberships are fifty percent off during our Black Friday sale. Join now at </b><a href="http://dailywire.com/blackfriday"><b>dailywire.com/blackfriday</b></a><b>.</b></p>
<p>Recent criticism has focused on rising prices for certain food products. NBC’s Kristen Welker asked Scott Bessent if the administration’s rollback on tariffs proves Trump’s trade policies are raising consumer costs.</p>
<p>Bessent dismissed the argument, saying inflation “is a composite number” with many moving parts, meaning overall inflation can remain stable even as some products fluctuate. He predicted broader price declines once United States Trade Representative Jamieson Greer finalizes new agreements in Latin America.</p>
<p>He also pointed to last week’s rollback on tariffs for more than 200 food products as proof that the White House is “pushing down the prices they can control,” rejecting claims that tariffs hurt consumers.</p>
<p>“Some prices will come down in weeks, some in months,” he said.</p>
<p>With major trade deals nearing completion, foreign peace negotiations wrapping up, and the One Big, Beautiful Bill tax reforms in place, Bessent said he is “optimistic for 2026.”</p>

<script async src="https://www.instagram.com/embed.js"></script>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<script async src="https://www.tiktok.com/embed.js"></script><div data-widget-host="revcontent" data-pub-id="165152" data-widget-id="290588"></div><script src="https://delivery.revcontent.com/165152/290588/widget.js"></script>

Bessent: Trump Admin Targeting ‘Three I’s’ To Restore Affordability

CONTINUE READING

Girl Math: Democrat Gov Says Party Doesn’t Need Any Male Voters

When Was Jill Lying? How She Went From ‘He’s Fine’ To ‘I Thought He Was Having A Stroke.’

The Fed’s Favorite Inflation Reading Spells Bad News For Interest Rate Cuts

Trump Set To Officially Launch App For Millions Of Trump Accounts

WATCH: Jill Biden Recalls Private Fear During Biden-Trump Debate

Kathy Hochul Tries To Own Trump On Sports Fandom, Faceplants

News

Economy

Politics

Scott Bessent

Tariffs

Thanksgiving

Trump Administration

A video goes viral showing a baby being refused his mother by two gay "dads". This is just the tip of the iceberg, which is why we will have an important discussion today about surrogacy. 

Hour 1

The Matt Walsh Show

Ep. 1765 - This Video Is One Of The Worst Things I've Seen In A Long Time 

The Strait of Hormuz officially opens for business (kind of), the Pope makes “shocking” comments on immigration, and President Trump promises UFO disclosure at TPUSA. 


The Michael Knowles Show

Ep. 1956 -  Pope Leo's "SHOCKING" Immigration Comments EXPLAINED

A false miscreed has corrupted our leadership class.


The Andrew Klavan Show

Ep. 1275 - Dumb, Dumber and Progressive

President Trump announces a 10-day ceasefire between Lebanon and Israel, a murder-suicide involving former Democratic Lieutenant Governor Justin Fairfax shakes Virginia, and France and Britain hold a conference to secure the Strait of Hormuz – after the Iranian conflict ends. Get the facts first with Morning Wire.

- - -

Ep. 2738

- - -

Wake up with new Morning Wire merch: https://bit.ly/4lIubt3

- - -

Today's Sponsors:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text 'WIRE' to 83848 to learn more.

Pocket Hose - Text MORNING to 64000 to get a FREE pocket pivot and their 10-pattern sprayer with the purchase of ANY size Copper Head hose. Message and data rates may apply.

Morning Wire

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26

U.S. Expands Hormuz Blockade & VA Fairfax Deaths Investigated | 4.17.26 [Member Exclusive]

A ceasefire goes into effect between Israel and Lebanon, a tragic murder-suicide rocks Virginia, and Dairy Queen deploys AI in the drive-thru. Get the facts first with Evening Wire.
- - -
Ep. 2737
- - -
Wake up with new Morning Wire merch: https://bit.ly/4lIubt3 
- - -
Today’s Sponsor:

Alliance Defending Freedom - Visit https://JoinADF.com/WIRE or text “WIRE” to 83848 to learn more.


Evening Wire: Lebanon Ceasefire Begins & Murder-Suicide Rocks VA | 4.16.26

The Pendragon Cycle

Menu

— News —

Bessent: Trump Admin Targeting ‘Three I’s’ To Restore Affordability