Treasury Secretary Scott Bessent said Americans are facing challenging conditions and that higher fuel costs are weighing on households.
Treasury Secretary Scott Bessent said the average household has paid about $200 more in gasoline, framing the added fuel expense as part of a difficult period for Americans. He said, “We understand that these are challenging times for the American people, we will get over this. At present, the average household has paid about $200 more in gasoline. We think about this every day.”