The president’s top treasury goon appeared upbeat when discussing the likely short-changing of Americans after the Supreme Court struck down a signature economic policy.
Treasury Secretary Scott Bessent, whose net worth Forbes estimates at around $600 million, steepled his fingers and smiled on Friday as he said that he has a “feeling” that the American people will “not see” the billions collected in tariff revenue. His prediction was delivered as he sat before a shining gold wall during an Economic Club of Dallas event.
Bessent’s comments came after a 6‑3 Supreme Court ruling that found President Donald Trump’s use of emergency powers to impose tariffs on imports from more than 100 countries was unlawful. Questions immediately arose over what would happen to the more than $175 billion in U.S. tariff collections.
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