Tariffs do not cause inflation, says Treasury Secretary Scott Bessent
CNBC Television·2026-02-04 16:57
ship there. I now recognize the ranking member of our committee, Mrs. . Waters of California, for five minutes for questions.>> Thank you very much, Secretary Besson. Uh, in the FSOC annual report, you stressed the importance of economic growth to promote financial stability. While you noted many ways you plan to deregulate Wall Street and plant the seeds for another crisis, you said little about the harms of inflation.I find this odd as the president and you have finally began discussing in the media how t ...