Summary
- U.S. Treasury Secretary Scott Bessent said the U.S. economy is in a very strong growth phase and that investment activity is expected to accelerate further this year.
- He said America First does not mean America acting alone, but rather cooperation with allies and global partners.
- Bessent said that while the United States holds the G7 presidency, it will focus on growth and deregulation.
U.S. Treasury Secretary Scott Bessent said the U.S. economy is currently in a very strong growth phase and that investment activity is expected to accelerate further this year.
According to Walter Bloomberg, an economic news alert account, on the 19th (local time), he stressed a stance of cooperation with allies and global partners, saying, "America First does not mean America alone."
Bessent also said, "While the United States holds the G7 presidency, we will focus on growth and deregulation," adding, "Everyone should take the president’s remarks at face value."
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