this trump economy Treasury secretary says it’s starting to work and Americans are ready to see the benefits Scott Bessant. He pointed to cooling inflation and record market highs as signs “the high street is about to boom”.

Bessant said current market trends reflect growing confidence in President Donald Trump’s policies. He described them as “set the table” to achieve economic gains in 2026.

Meanwhile, many Democrats have criticized Trump’s economic policies, including concerns about affordability and economic policy. Potential impact of tariffs On consumer prices.

The most heated moments of Democrats’ clash with Treasury Secretary Bessant at Chaos Hill hearing

On January 20, Finance Minister Scott Bessant delivered a speech at the World Economic Forum in Davos, Switzerland.

“The president’s plan is working. Trump’s economy is delivering benefits to the American people,” Bessent said on “Sunday Morning Futures.”

Trump lays foundation for U.S. comeback after Biden downturn

He noted that the economy was experiencing “strong growth” Inflation is easing Toward the Fed’s 2% target.

Bessant also pointed out The entire stock market hit an all-time highincluding gains in industrials and small-cap stocks. He said these trends generally indicate that a broader economic expansion is coming.

Treasury Secretary Scott Bessent arrives for an inflation event with President Donald Trump in the Pocono Mountains, Pennsylvania, on December 9, 2025. (Adam Gray/Bloomberg via Getty Images)

Friday, Dow Jones Industrial Average It closed above 50,000 points for the first time. Trump reacted to the milestone on Truth Social, writing: “The Dow Jones Industrial Average has surpassed 50,000 points for the first time in history. Congratulations America!”

Trump’s speech sparks optimism, forecasts ‘strong’ economy in 2026

Bessant said Democrats were ignoring what he said were signs of a strong economy in the year ahead. He believes Wall Street’s success is a sign that “Main Street is about to boom.”

“We’re seeing a big cyclical recovery. The president’s agenda set the stage for 2025 and now the American people are going to benefit in ’26,” he said.

On January 28, Treasury Secretary Scott Bessant spoke at the Trump Account Launch Summit in Washington, DC. (Valerie Plessy/Bloomberg via Getty Images)

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“The stock market exists in the future and I think we’re going to have very strong economic growth, very strong job growth and very strong real income growth.”

Bessant said these gains will increasingly be reflected in household finances. Earlier this year, he noted that Americans could see “A massive refund” They will receive higher salaries as the government’s agenda continues to take effect.