Bessent says US economy is strong, calls for rare earth supply chain improvements

Treasury Secretary Scott Bessent discusses U.S. economic strength, pointing to core GDP and jobs. He highlights the latest PCE inflation data and calls for critical improvements to the nation’s rare earth mineral supply chains.

Treasury Secretary Scott Bessent outlines the strength of the U.S. economy, citing core GDP growth and job numbers. In a White House interview, Bessent analyzes the June 2026 PCE inflation data and emphasizes the strategic need to secure critical mineral supply chains, stating that US rare earth flow must improve to compete globally.