Treasury Secretary Scott Bessent was on “Sunday Morning Futures” with host Maria Bartiromo to discuss President Trump’s America First economic policies.
“Did any of the Democrats ask you about economic growth?” Bartiromo asked.
Secretary Bessent explained that President Trump’s policies are leading to economic growth and lower inflation. He said that the Democrats basically have nothing to offer compared to President Trump and just spend their time complaining.
“They can’t compete on economic growth because the President’s plan is working. The Trump economy is delivering for the American people. We have strong growth, and inflation is, in fact, coming down. For the past three months, inflation is 2.1 percent, close to the Federal Reserve’s target,” Bessent said.
“And a measure called trueflation, which is daily observations, now is below one percent,” Bessent continued.
“Inflation down, strong growth, stocks at a record high, and the lowest crime rate in over a hundred years. Democrats don’t want to talk about that. They want to hoot and holler,” Bessent commented.
“So, what kind of growth are you expecting for 2026? We are looking at Friday’s market rally. The Dow is up 1,200 points,” Bartiromo commented.
“Tell us your expectations for growth and also a word on gold. What is driving that move as well?” Bartiromo asked.
“What we are seeing the cyclical components of the market expand. So, that’s why the DOW hit a new high, but importantly the Russell, which is a small-cap index, has hit a new high,” Bessent said.
“We are seeing a big cyclical recovery. The President’s agenda set the table in 2025, and now the American people are going to benefit in ’26,” Bessent continued.
“Stock market lives in the future, and I think we are going to have very strong economic growth, and very strong job gains and very strong real income growth,” Bessent explained.
“Normally, people buy gold and hard assets because they are not sure. They are sort of hedging their bets,” Bartiromo said.
“What do you think is behind the gold move?” Bartiromo asked.
“Things have gotten a little unruly in China. They are having to tighten margin requirements,” Bessent explained.
Bessent also emphasized the importance of sovereignty, especially when it involves the country’s supply chain.
“The US is leading in solving this rare earth problem. Countries are not sovereign. You are not sovereign if one country can control your supply chains. And we are making our supply chains resilient,” Bessent explained.
Watch:
Today, exclusively on @SundayFutures with @MariaBartiromo, Treasury Secretary Scott Bessent @SecScottBessent spoke about President Trump’s Economic plan propelling the Dow to a historic high. @FoxNews pic.twitter.com/XI6LK45SRm
— SundayMorningFutures (@SundayFutures) February 8, 2026
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