"I think President Trump said that he'll own the economy in six or 12 months. But I can tell you that we are working to get these prices down every day," Bessent says

Treasury Secretary Scott Bessent said Sunday that President Donald Trump's proposed tariffs are unlikely to raise inflation, in part because China will "eat any tariffs that go on."

Treasury Secreatry Scott Bessent described the new role as "someone who picks the five or eight areas where this administration can make a big difference for working class Americans."

Treasury Secretary Scott Bessent spoke with Margaret Brennan on Face the Nation Sunday about the economy, President Donald Trump's tariff plan, and whether the deal with Ukraine is still on the table.