Scott Bessent, the U.S. Secretary of the Treasury, addressed concerns about high costs during Donald Trump's presidency, stating that the government inherited high price levels and that current policies will lead to real income growth for American workers. He emphasized the inherited affordability crisis and noted that inflation was at its worst during Joe Biden's presidency. Bessent claimed that real wages for the working class will rise, addressing affordability issues, and highlighted Trump's domestic industrial relocation campaign as a significant employment boost. He criticized media reports for underestimating the decrease in mortgage rates and mentioned that utility costs are largely determined by state policies, citing New Jersey as an example. He suggested that costs in New York could be reduced with the approval of gas pipeline construction. Teljes cikk (Portfolio.hu)