<p>Treasury Secretary Scott Bessent took a swing at liberal media network MS NOW — referring to it by its previous name, MSNBC — prompting laughs from Chairman Tim Scott (R-SC) along with several others in Thursday&#8217;s Senate Banking Committee hearing.</p>
<p>Bessent was taking questions from the committee on the economy during President Donald Trump&#8217;s first year in office, and he made the argument that public sentiment — and consumer confidence — could easily be influenced by dishonest media narratives.</p>
<p><strong>WATCH:</strong></p>
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">.<a href="https://twitter.com/SenatorRicketts?ref_src=twsrc%5Etfw">@SenatorRicketts</a>: &#8220;What more could we be doing in the Senate…to be able to help out with confidence…of consumers&#8221;<a href="https://twitter.com/SecScottBessent?ref_src=twsrc%5Etfw">@SecScottBessent</a>: &#8220;Other than telling consumers to turn off MSNBC…it is a survey problem, where Democrats vote very low and Republicans are more realistic.&#8221; <a href="https://t.co/HgwM2YULv5">pic.twitter.com/HgwM2YULv5</a></p>
<p>— CSPAN (@cspan) <a href="https://twitter.com/cspan/status/2019465329676808367?ref_src=twsrc%5Etfw">February 5, 2026</a></p></blockquote>
<p>Senator Pete Ricketts (R-NE) noted that consumer confidence did not appear to match the numbers coming from recent economic reports — and asked Bessent to identify where the disconnect might be and explain what could be done to bring people around.</p>
<p>&#8220;Despite all this progress, we&#8217;re seeing consumer confidence is not really rebounding the way that the economy seems to be,&#8221; Ricketts said. &#8220;In your opinion, what more can we in the Senate be doing with regard to consumer confidence and, you know, obviously, we had 40-year high inflation under the Biden administration. What more could we be doing in the Senate … to be able to help out with confidence … of consumers?&#8221;</p>
<p>&#8220;Other than telling consumers to turn off MSNBC,&#8221; Bessent began, prompting several loud laughs. &#8220;A large part of it is a survey problem, where Democrats vote very low and Republicans are more realistic, and then we end up — what we are seeing —&#8221;</p>
<p>Scott interrupted them to explain that the time had expired for Senator Ricketts and it was time to move on with the hearing.</p>
<p>&#8220;I appreciate your comments, believe me,&#8221; Scott said to Bessent with a chuckle.</p>
<p>Bessent also sparred with Senator Elizabeth Warren (D-MA), who asked him during Thursday&#8217;s hearing whether he agreed with President Donald Trump about the &#8220;affordability crisis&#8221; being a &#8220;hoax.&#8221;</p>
<p>Bessent carefully explained — more than once — that the Trump administration&#8217;s position was not that the affordability crisis was a hoax. He argued instead that the &#8220;hoax&#8221; was a reference to Democrat efforts to spin a real crisis of their own making — during former President Joe Biden&#8217;s administration — as something brand new that was wholly created and owned by President Trump.</p>

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Scott Bessent Nukes MSNBC When Asked How To Boost Consumer Confidence

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Scott Bessent Nukes MSNBC When Asked How To Boost Consumer Confidence