Scott Bessent projects US economy will grow by at least 3.5 percent in 2026

Treasury Secretary Scott Bessent says the US economy can grow by at least 3.5 percent in 2026. He blamed recent low GDP on the record long government shutdown.

Insights:
U.S. Treasury Secretary Scott Bessent stated on Friday, February 20, 2026, that he believes the economy in the US USUS could grow by at least 3.5% in 2026. Speaking on Fox News’ The Will Cain Show, Bessent offered an optimistic outlook for the coming year despite recently reported data showing a slowdown in the final months of the previous year.
U.S. Treasury Secretary Scott Bessent attends a Senate Banking, Housing and Urban Affairs Committee hearing on the Financial Stability Oversight Council's annual report to Congress, on Capitol Hill in Washington, D.C., U.S., February 5, 2026. REUTERS/Jonathan Ernst
U.S. Treasury Secretary Scott Bessent attends a Senate Banking, Housing and Urban Affairs Committee hearing on the Financial Stability Oversight Council's annual report to Congress, on Capitol Hill in Washington, D.C., U.S., February 5, 2026. REUTERS/Jonathan Ernst
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