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Trump’s Economic Turnaround | US News
Treasury Secretary Scott Bessent declares a major economic turnaround under President Trump, crediting policies that slashed inflation and boosted purchasing power. With core inflation now at 2.5%—down from 1.4% when Trump left office—and prescription drug prices falling to their biggest drop in 60 years, Bessent argues the economy is on solid footing. Despite lingering pain from high car, insurance, and rent costs, signs of relief are emerging: grocery and auto insurance prices are down, energy prices dipped monthly (though still elevated year-over-year). Bessent also highlights deficit…
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