Treasury Secretary Bessent Touts Record Deregulation Effort

June 4th, 2026· 0:51

Treasury Secretary Scott Bessent says the Trump administration's economic agenda is producing results through a combination of deregulation, tax cuts, and trade reforms. According to Bessent, federal agencies reduced regulations at a ratio of 129-to-1 compared to new rules issued, far exceeding the administration's original target. He argues the effort has lowered costs for businesses, improved economic competitiveness, and helped create broader prosperity for workers and job creators. Supporters view deregulation and tax relief as key drivers of growth, while critics continue to debate the long-term economic impacts. The discussion highlights ongoing questions about the role of government regulation, taxation, and economic policy in shaping America's business climate. #ScottBessent #Trump #Economy #Deregulation #TaxCuts #Business #EconomicGrowth #Jobs #SmallBusiness #Taxes #Government #Regulations #USPolitics #FinancialNews #BreakingNews