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Transcript: Treasury Secretary Scott Bessent on "Face the Nation with Margaret Brennan," June 1, 2025
The following is the transcript of an interview with Treasury Secretary Scott Bessent that aired on "Face the Nation with Margaret Brennan" on June 1, 2025.
Treasury secretary Scott Bessent insists US will ‘never default’ on its debt
Treasury secretary Scott Bessent has insisted the US would never default on its debt as he sought to assuage Wall Street concerns over the state of the country’s public finances.
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Scott Bessent Downplays US Debt Default Risk As Deadline Looms: ‘We Are On The Warning Track And We’ll Never Hit The Wall’
U.S. Treasury Secretary Scott Bessent has ruled out a debt default by the U.S. amid concerns that President Donald Trump’s ‘one big, beautiful’ tax bill could further aggravate the country’s fiscal situation.
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Bessent says US will never default as Congress faces endgame
Treasury Secretary Scott Bessent said the U.S. “is never going to default” as the deadline for increasing the federal debt ceiling gets closer. “That is never going to happen,” Bessent said Sunday in an interview with CBS’s “Face the Nation.” “We are on the warning track and we will never hit the wall.”
Bessent Says the U.S. 'Is Never Going to Default'
The U.S. “is never going to default,” Treasury Secretary Scott Bessent said on CBS on Sunday, adding, “We are on the warning track and we will never hit the wall.” Bessent has said the government could reach the end of its borrowing authority by August if the debt limit isn’t raised.
US will never default on its debt, Bessent says
“The United States of America is never going to default. That is never going to happen. We are on the warning track and we will never hit the wall,” the treasury secretary told host Margaret Brennan.
‘The best chance we’ve got’: Can Treasury Secretary Scott Bessent save the world from trade Armageddon?
As President Donald Trump conducted an impromptu news conference in Doha, Qatar, this month, surrounded by business leaders and top advisers, he made a point of singling out one person in particular.
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Treasury Secretary Scott Bessent says the US “is never going to default”
The US is not going to miss its debt payments. That’s what Treasury Secretary Scott Bessent said on CBS’s Face the Nation, in an interview set to air Sunday.
Bessent claims America can ‘retool’ nickel as Treasury pledges to end penny production
The push to eliminate penny production has received support from lawmakers on both sides of the political aisle.
Treasury Secretary Bessent says US will never default on its debt
Scott Bessent said the US “is never going to default” as the deadline for increasing the federal debt ceiling gets closer.
Bessent defends tariff policy as retailers weigh price hikes: "Some are and some aren't"
As the trade standoff with China continues, President Trump announced the tariff on foreign steel will double from 25% to 50%.
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