Bessent rejects ‘doomer view’ of Iran war fallout — touts Trump Accounts and economic growth
Treasury Secretary Scott Bessent expressed optimism about the U.S. economy during a White House briefing. He dismissed concerns over the Iran war's impact, highlighting positive indicators such as stock market gains and low unemployment rates. Bessent predicted that inflation and gas prices would decrease, and he emphasized the potential for economic recovery with a possible peace deal in Iran.
- ▪Bessent announced that 6 million American children are enrolled in the upcoming 'Trump Accounts'.
- ▪He noted that stock indices have reached all-time highs and 401k values have increased significantly since Trump took office.
- ▪Bessent forecasted that oil prices could drop below pre-war levels if a peace deal with Iran is reached.
Opening excerpt (first ~120 words) tap to expand
Politics Bessent rejects ‘doomer view’ of Iran war fallout — touts Trump Accounts and economic growth By Steven Nelson Published May 28, 2026, 6:07 p.m. ET See more of our coverage in your search results. Add The New York Post on Google WASHINGTON — Treasury Secretary Scott Bessent revealed Thursday that 6 million American children are enrolled in the about-to-launch “Trump Accounts” while brushing off what he called “short-term challenges” to the economy. Bessent, hosting a White House briefing, dismissed what he called a “doomer view” of the Iran war’s impact as he championed a more optimistic view of Americans’ well-being, pointing to stock indices notching all-time highs and ballooning 401k values.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at New York Post.
Discussion
0 commentsMore from New York Post
