Treasury Secretary Scott Bessent Remarks before the American Bankers Association

As prepared for delivery.Thank you. It’s an honor to be with you this morning.Let me begin by conveying the best wishes of our President. President Trump understands that national strength comes from the ground up—not the top down. This concept applies to good government just as much as it does to banking and capital formation. Yet for too long, financial policy has served large institutions, sometimes at the expense of smaller ones.No more.This administration aims to give all banks the chance to succeed—whether it’s JP Morgan or your local mortgage and loan. It aims to get capital to Americans who need it most by getting bureaucracy out of the way.For the last four decades, Wall Street has grown wealthier than ever before. And it can continue to grow and do well. But for the next four years, it’s Main Street’s turn.It’s Main Street’s turn to hire workers.