Staff Reports
Treasury Secretary Scott Bessent told Alex Marlow and John Carney that the Trump administration has effectively conquered what he calls the “three I’s” that were eviscerating working Americans: immigration, interest rates, and inflation. His blunt assessment is welcome music to the ears of every hardworking family who has watched wages stagnate and prices spike under the failed policies of the last administration.
On the immigration front Bessent didn’t mince words: “Borders closed, promise made, promise kept.” Conservatives have been saying for years that secure borders are the foundation of national security and economic sanity, and seeing a Treasury official publicly celebrate enforcement proves that putting America first is not just rhetoric but policy.
When it comes to interest rates, Bessent pointed out a real, measurable difference — the 10-year Treasury yield fell from about 5.08 percent when the administration took office to roughly 4 percent, relieving upward pressure on mortgage rates and consumer borrowing. That kind of improvement matters to working families trying to buy a home or refinance a loan, and it undercuts the left’s narrative that only big government can “help” ordinary Americans.
On inflation Bessent was confident and clear: he expects the third I to “bite the dust” in the coming months, in part because energy prices have eased and the administration’s policies are reducing upward price pressure. Conservatives understand that stable growth and lower prices come from sensible energy and economic policies, not endless stimulus and punitive regulations that throttle supply.
Bessent also teased a forthcoming Council of Economic Advisers study showing inflation is materially lower in red states than blue states, a reality that vindicates the MAGA argument that pro-growth, energy-friendly, low-tax governance protects families from higher costs. It’s no surprise that states that embrace green dogma and deindustrialization are seeing higher energy and consumer prices — voters are noticing and voting with their feet.
Beyond the three I’s, Bessent laid out a bold economic vision of deregulation and “derisking” critical supply chains from China, from rare earths to pharmaceuticals. That’s the patriot’s plan: rebuild American industry, restore manufacturing, and stop outsourcing our sovereignty to hostile regimes — policies that actually create durable, non-inflationary growth.
The message is simple and powerful: when Washington stops punishing producers and starts defending American workers, families win. Bessent’s comments are a welcome reminder that conservative policymaking — secure borders, lower rates, energy independence, deregulation, and tough trade — delivers results, and we should double down on those priorities until every household feels the relief.
