Bessent stresses that the government shutdown costs $15 billion daily while emphasizing the early-stage growth of AI and its long-term economic potential.
U.S. Treasury Secretary Bessent pointed out that the ongoing government shutdown is costing the economy $15 billion per day. Despite this, he remains optimistic about the future, highlighting that the U.S. investment boom is sustainable and in its early stages, driven by pent-up demand and favorable conditions. Additionally, he noted that the artificial intelligence sector is poised for significant growth, though it is still in its infancy.