Bessent tells investors Trump’s policies will deliver ‘golden age economy’

Treasury Secretary, Scott Payette, said on Monday at an investor conference that President Donald Trump’s policies will lead economic growth.

Bessent made statements at the Milken Global Conference Conference and participated in a question and answers session with the Chairman of the Board of Directors, Michael Milkin, as he described the administration’s progress in more than three months since the opening.

“America deserves an economy in the Golden Age,” said Bessin. “We have uprooted government waste and harmful regulations. We have planted the seeds of private investment, and we enrich the land with new tax legislation.”

“After that, we are harvesting, and we want you to reap with us. America is the global show point, and we have a reserve currency in the world and the deepest and most liquid capital markets, and the strongest property rights.”

The instant trade room warns of small companies that need immediate relief

Treasury Secretary, Scott Payette, said that the tax cuts of the Trump administration and the abolition of organizational restrictions will stimulate economic growth. (Chris Klionis/CNP/Bloomberg via Getty Images/Getty Images)

Bessent emphasized that the administration wants to expand economic opportunities for both workers through a wide range of industries, including in both the innovative sectors that focus on technology and in well -known industries such as the steel industry.

“The real idea is to ensure that creators can innovate and that steel workers can get the same quality of life and opportunities, and their children can be entrepreneurs in the silicon valley, or they can stay and get the same life or better than people in Pittsburgh.”

Buffett says Trump’s tariff, tells us that we should not use “trade as a weapon”

Treasury Secretary Scott Bessin said the Economic policies of the Trump administration will enhance growth. (Reuters / Elizabeth Franz / Reuters)

The Treasury Secretary also discussed how to push the president to congress Republicans to agree to a new tax package that extends expiration policies and builds the tax law for 2017 to help small companies as well as stimulate the construction of more manufacturing facilities as well as energy development.

He said: “It will prevent a huge tax signing tax legislation on the main street by making small companies’ discount always. It will also provide credits and tax discounts for research and innovation to stimulate investment in high -tech operations.”

Get Fox Business on the Go by clicking here

“We will restore 100 % expenses for equipment with the expansion of this motivation to build the new factory,” said Pesin. The goal: accelerating the investment in the American industry, and making this investment smooth and equal as possible. President Trump has adopted an ambitious ambitious agenda.