Trump agenda focused on Main Street, restoring American dream, Bessent says
Bessent says it's Main Street's turn to drive investment
Trump agenda focused on Main Street, restoring American dream, Bessent says
Treasury Secretary Scott Bessent delivered a keynote address to the American Bankers Association, saying that the Trump administration is focusing on Main Street, not Wall Street, to restore the American Dream.
Treasury Secretary Scott Bessent said that despite the success of Wall Street in recent years, the Trump administration believes it is Main Street’s turn to lead the economy.
Bessent said the Trump administration will focus the next four years on Main Street and restoring the American Dream in remarks during a keynote address to the American Bankers Association in Washington, D.C., on Wednesday.
"For the last four decades, basically since I began my career in Wall Street, Wall Street has grown wealthier than ever before, and it can continue to grow and do well, but for the next four years, the Trump agenda is focused on Main Street," Bessent said. "It’s Main Street’s turn, it’s Main Street’s turn to hire workers, it’s Main Street’s turn to drive investment and it’s Main Street’s turn to restore the American dream."
Bessent said the Trump administration will continue to aim to give all banks the chance to succeed, "whether it’s JPMorgan or your local mortgage and loan," by working to ease the bureaucracy that stops Americans from getting the capital they need.
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Treasury Secretary Scott Bessent spoke at the American Bankers Association's Washington Summit at the Walter E. Washington Convention Center in Washington, D.C., on Wednesday. (Kayla Bartkowski/Getty Images / Getty Images)
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