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Treasury Secretary Scott Bessent @SecScottBessent - Real GDP grew 3% in Q2, surpassing expectations.
Consumer spending is up, and inflation is cooling.
This is what an America First economy looks like, and the best is yet to come.
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Joseph Lavorgna @Lavorgnanomics
Q2 real #GDP expands 3.0%, above consensus expectations! Passage of the #OBBB and the CapEx comeback which is already underway will power a second half boom and beyond.
https://x.com/SecScottBessent/status/1950575608494227932
Treasury Secretary Scott Bessent @SecScottBessent - Video: The momentum on trade is with the United States:
We continue to make progress in talks with Chinese officials while already having secured trade deal frameworks with several of China’s largest trading partners, including the EU, Japan, Indonesia, and Vietnam.
President Trump is reigniting American industry by rebalancing global trade one country at a time.
Embedded video
https://x.com/SecScottBessent/status/1950307849348784466
Treasury Secretary Scott Bessent @SecScottBessent - Thanks to @POTUS, American jobs are coming back.
For too long, Washington ignored how mass illegal immigration artificially suppressed wages, hurting working-class Americans—especially young men.
But under President Trump, we now have a secure border, a blue-collar wage boom, and major investments from trade deals. Our president is restoring the greatest economy in the world, creating high-paying jobs to help American workers find their footing again.
https://x.com/SecScottBessent/status/1950633422994518112
Treasury Department @USTreasury - Today, Treasury’s Office of Foreign Assets Control is sanctioning Brazilian Supreme Federal Court Justice Alexandre de Moraes, who has used his position to authorize arbitrary pre-trial detentions and suppress freedom of expression.
https://x.com/USTreasury/status/1950600358062948576
Treasury Secretary Scott Bessent @SecScottBessent - Today, @USTreasury is sanctioning Brazilian Supreme Federal Court Justice Alexandre de Moraes, who has used his position to authorize arbitrary pre-trial detentions and suppress freedom of expression.
Alexandre de Moraes is responsible for an oppressive campaign of censorship, arbitrary detentions that violate human rights, and politicized prosecutions—including against former President Jair Bolsonaro.
Treasury will continue to hold accountable those who threaten U.S. interests and those who impose limits on our freedoms.
https://x.com/SecScottBessent/status/1950600503336874186
Treasury Secretary Scott Bessent @SecScottBessent - Today, in its largest Iran-related action since 2018, Treasury is sanctioning more than 115 individuals, entities, and vessels that make up a vast shipping empire controlled by Mohammad Hossein Shamkhani, son of a top political advisor to the Supreme Leader.
This network transports oil and petroleum products from Iran and Russia, as well as other cargo, to buyers around the world, generating tens of billions of dollars in profit.
https://x.com/USTreasury/status/1950634180397908235
Treasury Secretary Scott Bessent @SecScottBessent - Today, @USTreasury is taking its largest action against Iran since 2018. This afternoon, we sanctioned more than 115 individuals, entities, and vessels that make up a vast shipping empire controlled by Mohammad Hossein Shamkhani, son of a top political advisor to the Supreme Leader.
With today’s sanctions, Treasury has sanctioned over 500 Iranian and Iran-linked targets this year in line with President Trump’s max pressure campaign.
We will continue to put America First by targeting regime elites that profit while Tehran threatens the safety of the United States.
https://x.com/SecScottBessent/status/1950634876173971800
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