The world is awash in debt, and the only way for us to get out of this is to grow our way out of this.
Scott Bessent
The Public Record
U.S. Secretary of the Treasury in the Trump administration; hedge-fund manager and founder of Key Square Group.
★ Featured Quote
September 1, 2026
I can’t think of a problem in society that can’t be traced in some way back to the abuses of organized labor.
— Scott Bessent
Most widely reported
by number of sources- Our objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone.4 sources2026npr.org
- Today, at President Trump's direction, the United States Treasury has begun Operation Economic Outcast, an unprecedented campaign against the Islamic Republic of Iran and its enablers,2 sources2026cbsnews.com
- We are giving everyone the opportunity to remedy bad behavior," Bessent said.2 sources2026cbsnews.com
- We do not have infinite patience here," he told CBS News.2 sources2026cbsnews.com
- I mean we're not at war with Canada. How are we going to be at war with Canada? What, are they going to take their two submarines from the Edmonton mall and sic them on us?2 sources2026cbc.ca
- He's doing what is best for the Liberal Party, what's best for Mark Carney, and in the long run the Canadian people are going to see through that.2 sources2026cbc.ca
Carney came to power on an anti-American, anti-Trump agenda. He was 20 points behind in the polls, and then he started this.
I mean we're not at war with Canada. How are we going to be at war with Canada? What, are they going to take their two submarines from the Edmonton mall and sic them on us?
The U.S. bond market has been the best performing market since the president came in.
I don’t think you can be in a tit-for-tat with someone who’s 13 times larger than you are.
He's doing what is best for the Liberal Party, what's best for Mark Carney, and in the long run the Canadian people are going to see through that.
Treasury promised to sever every economic lifeline Tehran has left and finally end the threat of the Iranian regime.
What we are going to see over the next two years — the strait is going to become irrelevant.
We also warned that Iran’s enablers cannot continue to enjoy access to the US dollar and the global financial system.
We are giving everyone the opportunity to remedy bad behavior," Bessent said.