Secretary Bessent Wishes Heritage-Adopting Senator A ‘Happy Indigenous Peoples’ Day’ Amid Flurry Of Snarky Affordability Letters

Treasury Secretary Scott Bessent wished Democratic Sen. Elizabeth Warren a “Happy Indigenous Peoples’ Day” while ripping her inflation tracker and her steady stream of letters to his department.

Bessent answered the Massachusetts Democrat’s latest request in a letter he posted on X. Warren has sent Treasury more than 100 letters over 21 months, according to Fox Business correspondent Edward Lawrence.

The secretary chided Warren for the volume in his Oct. 9 response. “Rather than take my suggestion of studying introductory economics, you have continued your letter-writing crusade and participation in tabloid fodder about the Treasury Department,” he wrote.

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Her Oct. 7 letter pressed him on lowering borrowing costs for everyday households, according to Fox Business. “The surge in Treasury yields is self-inflicted and follows the Fed’s decision to raise the federal funds rate by a quarter of a percentage point, driven by concerns about inflation,” Warren wrote.

Bessent rejected that account, writing that it is “difficult to treat your concerns as sincere.” “As the federal funds rate climbed from near zero to its highest level in 22 years, with inflation hitting a 40-year high, you were a cheerleader for the Biden Administration’s reckless spending,” he wrote.

He closed by telling Warren his “offer of a Foreign Exchange for Dummies tutorial still stands and if you receive a passing grade on the Yale metric, not the Harvard curve, I would be happy to also include a Fixed Income for Dummies.”

Below his signature, Bessent added a handwritten line. “Happy Indigenous Peoples’ Day in advance to you and your family,” the note read.

Bessent has separately mocked Warren’s Trumpflation Tracker on X. “Another day, another Econ 101 lesson for Professor Warren,” he wrote.

Another day, another Econ 101 lesson for Professor Warren. Her “Trumpflation” tracker conveniently ignores the Bidenflation tidal wave that crushed American families, cherry-picks wage growth by refusing to acknowledge positive real wage gains since President Trump came into office, and swaps official medical-care CPI data for premium projections when it suits her narrative. The Harvard Square inflationista is offering a statistical sleight of hand, not a serious assessment of today’s U.S. economy. Here is the full picture, including an apples-to-apples comparison of President Trump’s real economic results measured against the failed policies Senator Warren championed under Biden.

Warren built the tracker to tally what families lose under the current economy, according to a Senate Banking Committee minority release. It puts cumulative inflation at 5.2% since December 2024 and the added household cost at roughly $3,388. “Instead he has spent his Presidency creating an affordability crisis, and now he’s calling his self-made crisis a hoax,” Warren said in the release.

Warren has faced years of scrutiny over her heritage claims. She released a DNA test in 2018 showing distant Native American roots six to 10 generations back, according to the Associated Press. She apologized to the Cherokee Nation the next year for causing confusion over tribal sovereignty.