Statement by Secretary of the Treasury Scott Bessent on Passage of the One, Big, Beautiful Bill

WASHINGTON – U.S. Secretary of the Treasury Scott Bessent issued the following statement upon passage of the One, Big, Beautiful Bill Act:“The passage of the One, Big, Beautiful Bill has set the stage for the coming Golden Age as we prepare to celebrate the 250th year of our great nation. Thanks to President Trump’s visionary leadership, Speaker Johnson and House Republicans, working with Leader Thune and Senate Republicans, have passed the biggest legislative win for American workers and families—and prevented the largest tax hike—in history. President Trump has delivered on his promises to Main Street while strengthening critical programs, national security, and America’s manufacturing sector.“The One, Big, Beautiful Bill will unleash the full potential of the U.S. economy. It locks in permanent, pro-growth tax cuts for families, workers, and job creators.