Scott Bessent's "Face the Nation" Interview
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Transcript: Treasury Secretary Scott Bessent on "Face the Nation with Margaret Brennan," June 1, 2025
63% Informative
Treasury Secretary Scott Bessent says trade talks with Beijing are stalled.
He says President Trump has accused China of violating an agreement, and now says no more, 'Mr. Nice Guy ' BESSENT: I don't think it's intentional. I- I think that what Secretary Hegseth did was remind everyone that during COVID , China was an unreliable partner, and what we are trying to do is to de-risk.
Consumer earnings were up 0.8% last month , which is a gigantic increase for one month .
Consumer earnings minus low inflation is great for the American people, and that's what we're seeing.
Retailers are warning of price hikes, but Home Depot and Amazon say they're not.
President doubled the tariffs on steel and aluminum up to 50% effective June 4 .
SEC . BESSENT: The President has the- reignited the steel industry here in America .
He says the deficit is going to be lower this year than last year and it will be lower than the deficit in two years .
VR Score
71
Informative language
71
Neutral language
59
Article tone
informal
Language
English
Language complexity
24
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
no external sources
Source diversity
no sources
Affiliate links
no affiliate links