The United States Treasury Secretary, Scott Bessent, said President Donald Trump’s new administration has secured 464,000 new jobs that were added to the economy in the first 100 days of his second term.
He disclosed this in a statement at the House of Representatives appropriations subcommittee on financial services and general government.
He said in April 2025 alone, over 177,000 American jobs were added under Trump’s administration.
“In the first 100 days of the new administration, 464,000 new jobs were added to the economy. In April alone, over 177,000 American jobs were added—over 40,000 more than economists predicted,”; he stated.
According to him, Trump’s policy on tax cuts and cost savings from deregulation, among others, is already bearing fruit.
“In the first 100 days of the new administration, we have set the table for a robust economy that allows Main Street to grow,”; he stated.
Bessent said the treasury department, through policy changes and automation, aims to reduce operational costs for the Internal Revenue Service to under $20 million from $450 million spent last year.
“Last year, the IRS spent approximately $450 million on paper processing with nearly 6,500 full-time staff dedicated to the task.
“Through policy changes and automation, Treasury aims to reduce this expense to under $20 million by the end of President Trump’s second ter”;m, he added. Trump’s new administration has secured 464,000 new jobs that were added to the economy in the first 100 days of his second term.
According to him, Trump’s policy on tax cuts and cost savings from deregulation, among others, is already bearing fruit.
