Blog > Bessent calls inflation 'short-term blip'

Bessent calls inflation 'short-term blip'

by Ebrima Santos Sanneh

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Treasury Secretary Scott Bessent downplayed senators' concerns about higher costs for Americans, noting average yearly inflation is lower than during the pandemic, while also confirming acting Attorney General Todd Blanche's Tuesday claim that the administration will not move forward with a $1.8 billion "anti-weaponization fund."

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