CNBC’s Sara Eisen asked Bessent to comment on recent signs that the job market was cracking. Bessent downplayed the “noisy” numbers suggesting the job market was not stable.
Bessent on the latest bad jobs report: "After the deportations that we've seen and the closing of the border, we don't need to produce as many jobs" pic.twitter.com/kStWCiXAz5
— Aaron Rupar (@atrupar) August 20, 2026For several months, the Trump administration has been pushing Americans to lower their expectations for job growth to reflect a labor market that doesn’t rely on undocumented immigrants. Americans don’t need jobs, apparently! It’s a strange spin for the simple fact that the president’s sweeping deportations are hurting the economy.
Meanwhile, the Trump administration claims that more than 2 million immigrants have left the country since Trump reentered office—something that couldn’t possibly be true.
Hence then, the article about trump s treasury secretary thinks it s good that the economy is bad was published today ( ) and is available on The New Republic ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details
Finally We wish PressBee provided you with enough information of ( Trump’s Treasury Secretary Thinks It’s Good That the Economy Is Bad )
Also on site :
- Bessent’s $4 billion bond plan is like ‘rearranging deckchairs on the Titanic given the U.S. national debt of $40 trillion,’ ING says
- Who Is Jessica Bowie? Woman With Alleged ISIS Link Accused of New York Plot
- Shoppers Say This $18 Chinoiserie Ceramic Planter With ‘Vintage Charm’ Looks Like a ‘High-End’ Family Heirloom