Trump Honcho Makes Wild Claim About Gas Prices When Confronted on Fox About Plunging Market
Briefly

During an appearance on Fox Business Network, former Treasury Secretary Scott Bessent claimed that gasoline prices in parts of Florida had dropped to $1.93 per gallon, presenting this as a positive economic indicator in the face of criticisms regarding President Trump's energy policies. Despite lower crude oil prices, national gasoline averages remain above $3. Bessent discussed broader economic trends such as decreasing energy prices and bond market fluctuations, asserting an optimistic outlook for both consumer travel and economic conditions.
There has been a substantial decrease in the 10-year since the beginning of the year, but especially since January 20th.
I am told that in parts of Florida, gasoline is $1.93, and that's an automatic tax cut for the American people.
Energy is down substantially. We had the biggest decrease in energy prices for a single month in years.
I think things are in good shape... we are seeing that two-year rates are now below Fed funds rates.
Read at www.mediaite.com
[
|
]