"MSNBC's Nicolle Wallace couldn't help but laugh at Treasury Secretary Scott Bessent's spin on the economy as he defended President Donald Trump, who denied that costs are rising while chalking up criticism to a con job. Wow! This is what a $600 million Treasury Secretary gets you, politically, Wallace said on Tuesday's Deadline: White House before cutting to Bessent on Morning Joe the same day."
"In his interview, Bessent was asked about Trump's con job comment, and while he backed the president up, he also acknowledged an affordability crisis, claiming it was inherited from the previous administration. I believe even this morning you had two people come on and say, Wow, I look at the price at the pump and I know costs are up.' Well, gasoline is down. So that is a con job, Bessent said."
Treasury Secretary Scott Bessent defended President Donald Trump and denied that overall costs are rising, characterizing affordability criticism as a 'con job.' He cited lower gasoline prices and attributed the affordability crisis to the previous administration. He said price increases have slowed and will continue to slow, and that real working-class wages will rise to address affordability. MSNBC host Nicolle Wallace laughed at the defense and labeled the president and cabinet wildly out of touch. The segment underscored media criticism of the administration's handling of rising living costs after ten months in office.
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