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Treasury Secretary, Trump and Bessent

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“There doesn’t have to be a recession. Who knows how the market is going to react in a day, in a week. We’re building the long term,” Bessent, a former hedge fund manager, told NBC News’ “Meet the Pre...
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Kevin Hassett, the head of the White House National Economic Council, said that he did not expect to “see a big effect on the consumer in the U.S.,” even as he acknowledged in an appearance on ABC’s “...
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Treasury Secretary Scott Bessent downplays stock market crash as short-term reaction and says ‘everything is working very smoothly’
Bessent said "what I've been very impressed with is the market infrastructure, that we had record volume on Friday."
Trump Treasury Secretary Scott Bessent downplays market plunge as he doubles down on tariffs: ‘Going to hold the course’
Treasury Secretary Scott Bessent downplayed growing fears of a recession and the market plunge from President Trump’s tariffs as he vowed Sunday that “we’re going to hold the course.”
Treasury Secretary Says The Market Underestimates Trump
Treasury Secretary Scott Bessent said “there doesn’t have to be a recession,” and the market consistently “underestimates Donald Trump.” “There doesn’t have to be a recession,” Bessent said on Sunday’s episode of “Meet The Press.
Trump Says Tariffs Will Stay Until Trade Deficit Disappears
The president said he would not quickly reverse last week’s steep tariffs, which have sparked pushback and roiled markets.
U.S. Treasury Secretary Downplays Recession Risk
Scott Bessent, the U.S. treasury secretary, on Sunday discounted the risk of tariffs prompting a recession but said he could not predict how long market turbulence would last. “I see no reason that we have to price in a recession,
Trump’s tariff hikes reverberate across world markets
The impact of U.S. President Donald Trump’s blast of tariff hikes was reverberating across world markets Monday as America’s trading partners puzzled over whether there is room for negotiating better deals.
Stan Druckenmiller, Scott Bessent’s former boss, says he’s opposed to Trump tariffs exceeding 10%
Stanley Druckenmiller, the billionaire hedge fund manager who was once Treasury Secretary Scott Bessent’s boss when they both worked as money managers for George Soros, said he is opposed to President Trump’s tariffs exceeding 10%.
Bessent: ‘More than 50 countries’ approached administration to lower tariffs, trade barriers and halt ‘currency manipulation’
Treasury Secretary Scott Bessent claimed Sunday that “more than 50 countries” have approached the Trump administration to bring down “non-tariff trade barriers,” reduce tariffs, and halt “currency manipulation” on their side.
Sec. Bessent says the market 'consistently underestimates' Trump amid turmoil
Treasury Sec. Scott Bessent on Meet the Press reacts to stock markets facing their worst week in five years, claiming market reactions are hard to predict.
US Treasury Secretary Scott Bessent says the American dream isn't 'let them eat flat-screens' or 'cheap baubles from China' — says Trump is focused on mortgages, cars, real ...
Escalating trade tensions under President Donald Trump have dominated headlines, with critics warning that American consumers will bear the burden of higher prices. But Treasury Secretary Scott Bessent argues that affordability isn't just about cheap imports — it’s about ensuring Americans can build real financial security.
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Bessent calls tariffs ‘a one-time price adjustment’
Treasury Secretary Scott Bessent said on Sunday that President Trump’s tariffs are a “one-time price adjustment,” which he stressed is different from continuous price increases caused by inflation. In an interview on NBC News’s “Meet the Press,
Newsmax Host Shocked by How Badly Trump Tariffs Tanked Their Personal Wealth
A host at MAGA-friendly cable channel Newsmax has admitted that he was shocked that President Donald Trump’s tariffs had hit his personal wealth so badly. Jon Glasgow, frontman of the Sunday Report, played a clip of Treasury Secretary Scott Bessent taking issue with the suggestion that many Americans will have to delay their retirement because their savings have taken a hit.
Trump Official's Remarks on Americans' Retirement Savings Spark Backlash
Treasury Secretary Scott Bessent said Americans "don't look at the day-to-day fluctuations" in the stock market.
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