Scott Bessent calls it a "strong holiday season," despite even reports from some toy companies

3 months ago 5
Scott Bessent calls it a "strong holiday season," despite even reports from some toy companies - CBS News

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Treasury Secretary Scott Bessent predicted on "Face the Nation with Margaret Brennan" that it will be a "strong holiday season" despite some major toy companies noting higher prices due to tariffs and inflation. "The economy has been better than we thought," Bessent said, adding "we've had the 4- 4% GDP growth in a couple of quarters."

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