LIVE: Treasury Secretary Bessent testifies before Senate committee on U.S. economy
February 5, 2026
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2:19:00Now PlayingLIVE: Treasury Secretary Bessent testifies before Senate committee on U.S. economy
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as posted by the channelTreasury Secretary Scott Bessent testifies before the Senate Banking Committee on the U.S. economy.
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Guests & Subjects Covered
Claims
54 claims extractedTrump promised lower costs but prices have risen
Trump's policies favor billionaires over working families
Manufacturing jobs declined despite claims of blue-collar boom
President lies about grocery prices being lower
Treasury Secretary removed banking safeguards increasing financial risk
Treasury Secretary attempted to shut down consumer protection agency
Private credit market poses systemic financial risk
Trump policies favor Wall Street while harming middle-class families
Trump profiting from foreign governments while economy harms Americans
Trump threatened to sue Fed nominee if he doesn't lower rates
Grocery prices increased 2.4 percent in 2025
Administration denies economic facts and lacks price reduction plan
Americans paying more for utilities, healthcare, and housing
Secretary claims grocery prices have dropped
Strong GDP growth despite longest government shutdown
Biden administration caused 21.5 percent cumulative inflation
Trump kept inflation under 3 percent versus Biden's 9 percent
Trump economy better for home ownership than Biden economy
Trump called affordability crisis a hoax and scam
Biden administration destroyed American buying power
Secretary evasive on whether grocery prices actually dropped
Farm bankruptcies doubled and agriculture trade deficit historic
U.S. soybean market share dropped from 47 percent to 24.4 percent
Mass deportation plan separating families and hurting children
U.S. citizen shot by federal agents during deportation
Manufacturing lost 72,000 jobs after Trump tariffs
Tariffs causing job losses and small business struggles
President lies about economy while costs increase
Federal agents killed licensed gun owner in Minneapolis
Secretary blamed victim for own death because he carried gun
Secretary admits past predictions about tariffs were wrong
Secretary claims tariffs have not raised prices
Construction costs at record high since 1998
Secretary claims building costs down but data shows record highs
United States lost 3,600 community banks since 2010
Tariffs causing 20 percent decline in Canadian tourism
Administration policies causing 70 billion travel trade deficit
Service workers not benefiting from tax cuts without tourism jobs
Small businesses squeezed by higher costs and closures
President suing Treasury for 10 billion from taxpayers
President's lawsuit against Treasury appears to be taxpayer shakedown
President seeking 230 million from Justice Department
Secretary denies blaming victim for carrying licensed gun
Treasury ignoring hidden financial system risks
Secretary blames Democrats for low consumer confidence
Secretary confirms Russia invasion illegal and Putin war criminal
Trump administration added zero Russia sanctions versus Biden's 297
Biden administration weak on Russia sanctions for political reasons
Trump pardoned Binance founder who invested in Trump business
Trump pardoning allies while suing Treasury creates conflicts
Trump family members avoid financial disclosures required of officials
Trump family crypto company used for foreign transactions
Secretary claims healthy mortgage market despite rising foreclosures
Secretary dismisses housing risks as regulatory overreach
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