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Treasury Secretary Predicts U.S. Budget Deficit Peak Under Trump

Updated 2026-08-20 19:55 UTC 1 source Neutral

Treasury Secretary Scott Bessent said there's a 'very good chance' the U.S. budget deficit under President Donald Trump has peaked.

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CNBC

Bessent says there's a 'very good chance' U.S. budget deficit under Trump has peaked

Treasury Secretary Scott Bessent said Thursday that there's a "very good chance" of the U.S. has seen its budget deficit peak under President Donald Trump.

2026-08-20 16:23 UTC