Treasury Secretary Scott Bessent said Americans’ spending behavior shows the consumer economy remains strong despite surveys suggesting otherwise, while pointing to continued wage gains during the Breitbart News “State of the Economy” policy event on Tuesday.
\n\n“The American consumer is in very good shape. We’re in touch with the retailers, we’re in touch with credit card companies, and I think to your question, why are people surprised? Because the American consumer just keeps going,” Bessent said.
\n\n“I always say, surveys say one thing, but then you look at what people are actually doing with their money, and they are voting, and the consumer economy is strong,” he continued.
\n\nBessent made the comments after Breitbart News Washington Bureau Chief Matthew Boyle asked how wage growth and policies, including no tax on tips, are affecting ordinary American workers.
\n\nBreitbart News Finance and Economics Editor John Carney (left) and Breitbart News Washington Bureau Chief Matthew Boyle (center) interview Treasury Secretary Scott Bessent (right) at the Breitbart News “State of the Economy” policy discussion on Tuesday, September 8, 2026, in Washington, DC. (Matthew Perdie/Breitbart News)
\n\n“Many people changed their withholding, so they got automatic wage increases there, and but the important thing here is…
Original source: https://www.breitbart.com/economy/
