In a recent speech, Scott Bessent threw more cold water on a Trump campaign promise to lower the cost of living.

US Treasury Secretary Scott Bessent claims the American dream isn't 'let them eat flat-screens' or 'cheap baubles from China' ...

Treasury Secretary Scott Bessent defended President Donald Trump's decision to implement steep tariffs against Canada and Mexico, which economists and retailers warn ...

Cheap TVs, toys, and electronics are all that's left of the American dream in an increasingly unaffordable economy — and they ...

arguing that "access to cheap goods is not the essence of the American Dream.” Economic experts have argued that tariffs could increase the price of American goods. But Bessent dismissed ...

The phrase “the American dream” is often credited to James Truslow Adams, who definitely popularized it in his 1931 book, The ...

“Access to cheap goods is not the essence of the American dream,” Bessent said. “The American Dream is rooted in the concept that any citizen can achieve prosperity, upward ...

“Access to cheap goods is not the essence of the American dream,” Bessent, whose net worth is estimated to exceed $500 million, said Thursday during a speech to the Economic Club of New York.

But with the president now waging a high-stakes tariff campaign, his Treasury secretary tells Americans cheap goods are “not the essence of the American Dream.” But there's one element of that ...

Scott Bessent laid out a vision of the American Dream at an Economic Club of New York (ECNY) event on Thursday, March 6, 2025. Advertisement ...