He said that a ‘dirty secret’ is that some media outlets have been downplaying the shutdown’s impact on the economy.
U.S. Treasury Secretary Scott Bessent speaks during a ceremony for U.S. National Day at the World Expo 2025 in Osaka, Japan, on July 19, 2025. Tomohiro Ohsumi/Getty Images
|Updated:
Treasury Secretary Scott Bessent said on Oct. 13 that the ongoing government shutdown has begun to impact the U.S. economy as it enters its 13th day with no end in sight.
In an interview with Fox Business, he said that the shutdown’s true impact on the economy is not being fully covered by media outlets.
Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter who covers a range of topics, including politics, U.S., and health news. A father of two, Jack grew up in California’s Central Valley. Follow him on X: https://twitter.com/jackphillips5
