US Treasury Secretary Scott Bessent said that despite the government shutdown for a long time, the US will end 2025 with 3% real GDP growth. Bessent said he expects the inflation rate to “drop drastically” next year. The bond market “just had its best year since 2020,” he said. He said the Treasury Department is in talks with major philanthropists to replenish Trump's account and will release more information in the coming weeks.

US Treasury Secretary Scott Bessent said that despite the government shutdown for a long time, the US will end 2025 with 3% real GDP growth. Bessent said he expects the inflation rate to “drop drastically” next year. The bond market “just had its best year since 2020,” he said. He said the Treasury Department is in talks with major philanthropists to replenish Trump's account and will release more information in the coming weeks.