Scott Bessent: Slowed Job Growth Is Due to 2 Million Deportations; Americans Are ‘Doing Quite Well’ Getting Jobs

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Treasury Secretary Scott Bessent said U.S. job growth has slowed down in part due to two million illegals being deported, saying, “I think in terms of Americans having jobs, we’re doing quite well.”

Appearing Wednesday morning at CNBC’s Invest in America Forum in Washington, DC, Bessent was asked by host Sara Eisen to explain the reasons behind the recent “slowdown in job growth.”

“Some people are wondering, is this a supply issue because immigration has slowed down, or is it a demand issue where businesses aren’t hiring as much?”

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