The following is the transcript of an interview with Treasury Secretary Scott Bessent that aired on "Face the Nation with Margaret Brennan" on.

Treasury Secretary Scott Bessent said the U.S. economy may be “starting to roll a bit,” as data suggests last year’s red-hot economy may be slowing. Bessent said the Trump administration’s moves to transition the economy to one which emphasizes private spending over public spending may require a “detox” period.

Treasury Secretary Scott Bessent on Friday acknowledged some signs of weakness in the U.S. economy. "Could we be seeing that this economy that we inherited starting to roll a bit? Sure. And look, there's going to be a natural adjustment as we move away from public spending to private spending,