Remarks by Treasury Secretary Scott Bessent before the American Swiss Foundation

Good afternoon. And greetings from the United States.It is an honor to join you today. I would like to thank my dear friend and fellow South Carolinian, Ambassador Ed McMullen, for the generous invitation, along with Bob Giuffra and Markus Diethelm.Over the last eight decades, the American Swiss Foundation has played a central role in deepening the historic bond between the United States and Switzerland. Today, relations between our two great nations are stronger than ever thanks to the leadership of President Trump – who was the first U.S. President to host a Swiss President at the White House in 2019 – and President Guy Parmelin.On the eve of America’s 250th anniversary, we are reminded of our nations’ shared commitment to sovereignty, rule of law, and federalism as “sister republics.” Our Constitution, ratified nearly five decades prior to the modern Swiss constitution, had a substantial influence on the latter.