Treasury Secretary Scott Bessent promised that voters would feel the effects of the economic measures President Donald Trump is taking to alle viate the cost of living before next year’s midterm elections , following voters’ apparent repudiation of Republicans in this week’s off-year contests over affordability concerns.

“I think 2026 is going to be a gangbuster year,” Bessent told the Washington Examiner on Wednesday at the White House. “We are already seeing there’s affordability and there’s wage growth. We are already seeing much stronger real wage growth for working Americans than we ever did under the Biden administration.”

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