Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile
Treasury Secretary Scott Bessent

@secscottbessent

79th United States Secretary of the Treasury

ID: 1889019333960998912

calendar_today10-02-2025 18:32:21

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Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile Photo

.President Donald J. Trump is driving a major CapEx Comeback. Tariffs are bringing manufacturing back to the U.S., and the full expensing in the One Big Beautiful Bill is paving the way for sustained growth. Add in the AI boom, as well as President Trump’s emphasis on deregulation, and we're

Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile Photo

We've brought in nearly $100B in tariff revenue so far and are on track for $300B this year. That's almost 1% of GDP. June delivered a budget surplus with higher revenue and lower spending. This is how we clean up the fiscal mess we inherited.

Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile Photo

In just one month, I saw both sides of America’s CapEx Comeback. First with President Trump announcing major steel investments; then at an A.I. summit showcasing our tech edge. From heavy industry to high tech, the productivity boom is real and just getting started.

Senate Republicans (@senategop) 's Twitter Profile Photo

This is great news!   American small businesses are already seeing the benefits of the OBBB that allows them to fully expense new business equipment.   We look forward to continuing our work with Treasury Secretary Scott Bessent and President Donald J. Trump to deliver a prosperous economy.

Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile Photo

If The Wall Street Journal reporters actually covered the markets, they'd know why they're up. President Trump’s One Big Beautiful Bill prevented the largest tax hike in history and introduced economic drivers like full expensing, no tax on tips/overtime, and tax cuts for seniors. Pair that with

Deputy Secretary Michael Faulkender (@treasurydepsec) 's Twitter Profile Photo

The CapEx Comeback is a direct result of the fundamental shifts in economic policy envisioned by President Donald J. Trump. This administration is creating enormous incentives for domestic investment.

Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile Photo

Thanks to President Donald J. Trump’s leadership, the United States has negotiated a historic agreement with Japan, one of our great allies. Prime Minister 石破茂 and Minister 赤沢りょうせい worked hard with our trade team to secure this mutually beneficial partnership, for which we

Thanks to <a href="/POTUS/">President Donald J. Trump</a>’s leadership, the United States has negotiated a historic agreement with Japan, one of our great allies.

Prime Minister <a href="/shigeruishiba/">石破茂</a> and Minister <a href="/ryosei_akazawa/">赤沢りょうせい</a> worked hard with our trade team to secure this mutually beneficial partnership, for which we
Senator Dave McCormick (@senmccormickpa) 's Twitter Profile Photo

Pennsylvania plays a key role in ensuring we win the global AI race against China. Here’s how the Keystone State is leading the way:

Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile Photo

Thanks to President Donald J. Trump’s leadership, we secured a historic trade deal with Japan. $550B in investment, 90% of the profits, and 15% reciprocal tariffs. Japan earned that rate by offering innovative financing tools to boost U.S. projects. This is a win for American workers and

Treasury Department (@ustreasury) 's Twitter Profile Photo

The CapEx Comeback is in full swing: "President Trump’s 'big, beautiful bill' has sparked an investment surge across American businesses." foxbusiness.com/politics/trump…

Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile Photo

Only President Trump could have delivered this kind of deal. He brought Japan’s trade delegation into the Oval Office and led tough negotiations that secured this historic agreement. The U.S.-Japan alliance has never been stronger.

Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile Photo

Manufacturers, exporters, and retailers have largely absorbed the impact of tariffs, with many retailers maintaining stable prices despite COVID-related margin increases. After seeing the biggest inflation drop in four years, I’m confident inflation will remain benign moving

Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile Photo

Last night's agreement with Japan represents a significant milestone. President Trump is the world’s greatest negotiator, and he secured a groundbreaking deal with one of our most important allies. I commend Japan for their innovative approach and partnership. We would encourage

Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile Photo

The CapEx Comeback driven by the One Big Beautiful Bill is how societies get richer. In President Trump’s America, we’ll unleash a productivity boom, drive massive growth, and pay down the debt.

Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile Photo

For years, our leaders chose to deindustrialize America through overregulation. Under President Trump, we're making it easy to build again. No more red tape. Just jobs, growth, and American greatness!

Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile Photo

The 100% equipment and factory expensing in the One Big Beautiful Bill is a game-changer. This administration is working overtime to make the U.S. the top destination globally for growth and innovation.

Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile Photo

The Fed is losing $100 billion a year. Now, it is blowing even more taxpayer money on out-of-control building renovations. Time for an internal review.

Treasury Secretary Scott Bessent (@secscottbessent) 's Twitter Profile Photo

Under President Donald J. Trump’s leadership, trade is on solid footing. The true challenge lies in China’s imbalanced economy, which accounts for 30% of global manufacturing. They can’t export their problems forever.