Trump Backs Bessent Claim That Economy Is Rising Under His Watch

Trump Backs Bessent Claim That Economy Is Rising Under His Watch

Trump promotes Treasury Secretary Scott Bessent's assertion that the administration fixed the prior economy and that growth is now on the upswing.

Richard Miniter
First Published: August 21, 2026, 9:23 AM ET

Donald Trump promoted a claim by Treasury Secretary Scott Bessent that his administration repaired the economy and that growth is now rising.

Trump shared the assertion by linking to a Newsmax Inc. Class B report headlined “Scott Bessent: Trump Fixed Biden’s “Mess” — Economy Is Rising,” pointing readers to the coverage by mentioning the source (see newsmax).

Here is the full post on truthsocial: “Scott Bessent: Trump Fixed Biden’s “Mess” — Economy Is Rising: https://wwwNewsmax Inc. Class B.com/newsmax-tv/scott-bessent-donald-trump-biden-administration/2026/08/14/id/1266109/” on August 21, 2026 at 1:17 PM ET.

This is Trump’s 17th message released today, out of 18 total, and the last post was 3 minutes ago, and it is not part of a thread. On average, Trump produces 18 posts per day since his inauguration on January 20, 2025. The move fits a broader pattern in Trump’s recent messaging, with 15 of his 558 posts over the last 30 days classified as Economy posts.

President Donald J. Trump posed at Washington D.C.
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President Donald J. Trump posed at Washington D.C.

Molly Riley / The White House

Scott Bessent serves as the U.S. Secretary of the Treasury, leading the Treasury Department according to home.treasury.gov. In that role, he coordinates the department’s work across bureaus that include the Internal Revenue Service and the Bureau of the Fiscal Service according to home.treasury.gov.

Trump serves as president of the United States and named Bessent to the Treasury post. The post links to the Newsmax Inc. Class B interview in which Bessent made the economic remarks that Trump amplified to his followers.

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Photo by  Zenger real-time database of all Truth Social posts.

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Zenger analysis

Photo by  Zenger analysis


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