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Published On: Thu, Dec 4th, 2025

Bessent at NYT Dealbook Summit: I Don’t Read NYT Anymore, Where Was The NYT On Biden’s Diminished Capacity?

Treasury Secretary Scott Bessent trashed “The New York Times” and moderator Andrew Ross Sorkin, who he called a “pop historian,” at a NYT-Dealbook summit.

SECRETARY OF TREASURY SCOTT BESSENT: The question is, how should, this is like a new, is this a new normal? Andrew, there’s no new normal, and I can tell you that I actually don’t read the New York Times anymore, but sometimes, I do watch CNBC, but occasionally people send me articles, and there’s just this fever swamp, and you’re now a pop historian with 1929, and, you know, in 20, 30, 40, 50 years, the New York Times is no longer the paper of record. SORKIN: I’m — BESSENT: You can’t go, like, you know, I read this article, like, President Trump is slowing down, President Trump’s mineral capacity, it is 100% fake, that, like, he only called me twice at 2 in the morning last week — SORKIN: I believe that he called you at 2 or 3 in the morning. BESSENT: That whole narrative… you had what was one of the greatest scandals of all time, that the coverage of the Biden administration, Joe Biden’s diminished capacity, and the cover-up. SORKIN: And that’s why it’s probably fair to raise these questions. BESSENT: Where was the New York Times? We just had a three-hour cabinet meeting yesterday, Andrew. For 10 months, the Biden administration did not have a cabinet meeting. How are you going to invoke the 25th Amendment if the cabinet secretaries never see the president? Which they didn’t. I hear from people in the Treasury Building that I see President Trump more in a day than my predecessor saw Joe Biden in half a year.

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