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When President Trump tapped Scott Bessent to lead the Treasury, hardworking Americans deserved someone with real-world markets experience who understands both Wall Street and Main Street. Bessent was sworn in as the 79th Secretary of the Treasury on January 28, 2025, and he’s already shown he’s willing to wield the tools necessary to defend American industry and jobs.
On Laura Ingraham’s show, Secretary Bessent didn’t pander to the usual coastal elites — he laid out the administration’s clear-eyed approach: use tariffs and tough negotiations to bring critical supply chains back under American influence. He told viewers the recent talks with China amounted to a de-escalation and that rare-earth magnets — vital to our defense and manufacturing base — are now expected to flow to U.S. industry again.
That’s exactly how leadership looks: create leverage, then use it to get results. Bessent was blunt that tariffs are not some ideological whim but a real source of revenue and negotiating power, and he called out the fact that China has become the largest line item in tariff receipts — a truth the media won’t cheer but every taxpayer should appreciate.
He even offered sober, hopeful news on interest rates, saying that a Fed rate cut could be within reach by September if conditions play out — a welcome sign for families and small businesses squeezed by high borrowing costs. Americans want lower rates and faster growth, not the same inflationary hand-wringing from the Washington consensus; Bessent is doing the math and reporting it honestly.
On the rare-earth front, the headlines about China’s export gyrations show why this administration’s hard-nosed diplomacy matters. Recent reporting confirms flows are beginning to resume after Beijing’s earlier restrictions, which proves pressure and pragmatic negotiation can open supply lines without caving on America’s security needs.
Let’s be clear: Bessent earned bipartisan respect at confirmation and he’s not a rubber stamp for Beltway thinking — he’s pushing to extend tax relief, confront runaway spending, and turn tariff revenues into leverage for American prosperity. The Senate’s vote to confirm him reflected a recognition that the country needs competent stewardship in Treasury to back the America First agenda.
Patriots should be proud to see a Treasury secretary who fights for American jobs and refuses to let Beijing choke our industries. But vigilance remains necessary: keep pressure on Congress to back real reforms, applaud negotiators who bring supply chains home, and demand that Washington use every tool to secure our economy for future generations. Secretary Bessent is doing the job — now it’s time for the rest of the country to stand behind an administration that finally puts America first.
