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[POLITICS] · United States · 11 sources

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Scott Bessent responds sharply to Senator Elizabeth Warren

Scott Bessent Elizabeth Warren Treasury Department economic policy Indigenous Peoples' Day

Treasury Secretary Scott Bessent has issued a sharp response to Senator Elizabeth Warren following her latest inquiry regarding rising Treasury yields and borrowing costs. In his reply, Bessent criticized Warren’s economic understanding, suggesting she study introductory economics and offering a ‘Foreign Exchange for Dummies’ tutorial.

Bessent also addressed Warren’s ‘Trumpflation’ tracker, accusing her of using ‘statistical sleight of hand’ by cherry-picking data to ignore wage growth and inflation trends under the current administration. He defended Treasury buyback programs as tools for improving liquidity and reducing volatility.

The correspondence included a pointed personal remark, with Bessent adding a handwritten note wishing Warren a ‘Happy Indigenous Peoples’ Day.’ The comment serves as a reference to the controversy surrounding Warren’s past claims of Native American ancestry. Warren has sent over 100 letters to the Treasury Department during the current administration, frequently expressing concerns over the administration's fiscal policies and their impact on American households.

Entities

Donald Trump · Elizabeth Warren · Federal Reserve · Scott Bessent · Senate Banking Committee · Senate Finance Committee · U.S. Department of the Treasury · United States

Claims

What the coverage asserts, and how many sources carry each claim.

  • [○ 1 SOURCE] Inflation-adjusted weekly wages have risen 1.5 percent since January 2025. www.breitbart.com
  • [● 2 SOURCES] Senator Warren has sent more than 100 letters to the Treasury Department in the last 21 months. twitchy.com · www.foxbusiness.com
  • [○ 1 SOURCE] Higher prices have cost the average household an additional $3,388. www.breitbart.com
  • [○ 1 SOURCE] Cumulative inflation has reached 5.2 percent since December 2024. www.breitbart.com
  • [○ 1 SOURCE] The surge in Treasury yields is self-inflicted and follows Federal Reserve rate hikes. www.foxbusiness.com
  • [○ 1 SOURCE] Senator Elizabeth Warren is using cherry-picked data in her economic tracker. www.breitbart.com
  • [○ 1 SOURCE] Inflation-adjusted weekly wages declined by 3.9 percent during the Biden administration. www.breitbart.com

Sources

Secretary Bessent Wishes Heritage-Adopting Senator A ‘Happy Indigenous Peoples’ Day’ Amid Flurry Of Snarky Affordability Letters [offthepress.com]
Treasury Secretary Scott Bessent Fires Back at Elizabeth Warren [internewscast.com]
Scott Bessent Delivers LEGENDARY Clapback to Elizabeth Warren’s Endless Letter Campaign [wltreport.com]
Scott Bessent Torches Elizabeth Warren With Finance Tutorial and Indigenous Peoples' Day Zinger [www.lifezette.com]
Bessent Mocks Warren's Native American Heritage in Snarky Treasury Reply [time.news]
Bessent Blasts Warren’s ‘Trumpflation’ Tracker as ‘Statistical Sleight of Hand’ [www.breitbart.com]
Secretary Bessent Wishes Heritage-Adopting Senator A ‘Happy Indigenous Peoples’ Day’ Amid Flurry Of Snarky Affordability Letters [dailycaller.com]
Bessent Offers Warren 'Foreign Exchange for Dummies' and a 'Happy Indigenous Peoples' Day' [pjmedia.com]
Scott Bessent's Handwritten Addendum to Elizabeth Warren With Columbus Day in Mind Is Heap Big OUCH [twitchy.com]
Scott Bessent responds to Elizabeth Warren letter requesting information on rise in the 10-year treasury yield [www.foxbusiness.com]
Bessent taunts ‘Pocahontas’ Elizabeth Warren with cheeky clapback: ‘Happy Indigenous Peoples’ Day’ [nypost.com]