Treasury’s Bessent sees ‘significant increase in hiring in months ahead’

Treasury Secretary Bessent states on his X account: “Real GDP growth excluding government is up 4.7% at an annualized rate over the last two quarters. This is the exact opposite of what happened under Biden, when government growth contributed to historic inflation and depressed living standards. The current Trump-led surge points to a significant increase in hiring in the months ahead and the large paychecks that will inevitably accompany these jobs.”