Scott Bessent Reportedly Says Government Shutdown Could Hit US GDP: 'This Isn’t The Way To Have A Discussion'

Bessent also criticized Democratic leaders for forcing the government shutdown, calling Senator Chuck Schumer and Representative Hakeem Jeffries “weak” and “discombobulated.”
 US Treasury Secretary Scott Bessent visits "Kudlow" at Fox Business Network Studios on August 12, 2025, in New York City.
US Treasury Secretary Scott Bessent visits "Kudlow" at Fox Business Network Studios on August 12, 2025, in New York City. (Photo by Noam Galai/Getty Images)
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Rounak Jain·Stocktwits
Updated Oct 02, 2025   |   8:16 AM GMT-04
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U.S. Treasury Secretary Scott Bessent on Thursday said that the government shutdown could hit the gross domestic product (GDP) of the United States.

“This isn’t the way to have a discussion, shutting down the government and lowering the GDP. We could see a hit to the GDP, a hit to growth, and a hit to working America,” Bessent said during an interview on CNBC on the second day of the shutdown.

He also criticized Democratic leaders for forcing the government shutdown, calling Senator Chuck Schumer and Representative Hakeem Jeffries “weak” and “discombobulated.” “They don’t represent the American people, and you know they’re making up excuses,” Bessent said in the interview.

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