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Scott Bessent, Treasury Secretary

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Fortune |
Bessent said "what I've been very impressed with is the market infrastructure, that we had record volume on Friday."
Wall Street Journal |
More pain appears to be in store for markets after their worst week to start a quarter since 2008.
Reuters |
Wall Street equities have been hammered since Trump's sweeping tariffs, announced late Wednesday, on all imports into the U.S. and much higher levies on some major trading partners.

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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."
Treasury Secretary Scott Bessent says Americans ready to retire aren’t worried about ‘day-to-day’ market fluctuations
Treasury Secretary Scott Bessent on Sunday dismissed concerns Americans might be having about a potential impending recession and the status of their retirement plans, saying President Donald Trump and his administration are "building the long-term economic fundamentals for prosperity.
Americans who want to retire now ‘don’t look at the day-to-day fluctuations,’ Sec. Bessent says
Treasury Sec. Scott Bessent on Meet the Press responds to Americans who have seen their 401(k)s hit by President Trump’s tariffs and stock market uncertainty, claiming those who want to retire right now are not observing the “day-to-day fluctuations.
Markets Swing Wildly After Trump Holds His Ground on Tariff Plan
Trump's tariff plans are sending stocks tumbling and sparking fears of a global economic downturn. Follow along for live updates on the Dow Jones Industrial Average, Nasdaq and S&P 500.
Trump officials vow to stay the course on tariffs despite market turmoil
The tariffs are coming, of course they are,” Lutnick told CBS on Sunday, adding that there was “no postponing” the levies. “The president needs to reset global trade.” Top US officials said that, since Trump announced his new tariff plan last Wednesday in the Rose Garden of the White House,
Trump digs in his heels as global markets keep dropping over tariffs
Trump has insisted his tariffs are necessary to rebalance global trade and rebuild domestic manufacturing. He has singled out China as “the biggest abuser of them all.”
Wall Street edges up in choppy trade as Trump digs in on tariffs
The S&P 500 and the Nasdaq gained slightly on Monday but trade was volatile as investors worried about an economic slowdown and rising inflation as U.S. President Donald Trump dug his heels in on tariffs,
The Latest: Trump says he’s not backing down on tariffs
Trump has insisted his tariffs are necessary to rebalance global trade and rebuild domestic manufacturing. He's singled out China as “the biggest abuser of them all” and criticized Beijing for increasing its own tariffs in retaliation.
'Sometimes you have to take medicine': Trump defends sweeping tariffs
Just hours after Trump's comments, stock markets plunged in Asia early on Monday, with Hong Kong's Hang Seng losing 9.8%.
Raw Story on MSN42m
'Markets will keep melting!' Cabinet member jetted to Trump to urge 'shift' on tariffs
A Cabinet official jetted to Florida over the weekend to press President Donald Trump to hone his message on tariffs — and put anxious Americans at ease — or watch the financial markets continue to crater,
Bessent: Federal layoffs will help fill factory jobs created by Trump tariffs
Treasury Secretary Scott Bessent said the Trump administration is planning to boost U.S. manufacturing employment with policies meant to steer laid-off federal workers into factories. In an interview with Tucker Carlson published Friday on the social platform X,
AlterNet on MSN1h
'Is that really where we should be?' Fox host fact-checks Trump official to his face
As financial markets continued sliding on Monday as a result of President Donald Trump's new trade duties, one of the president's top economic advisors got a live lecture from a Fox Business host on one very basic tenet of trade policy.
Raw Story on MSN2h
'Doesn't make any sense': Expert says Trump official 'misunderstands' how markets work
President Donald Trump's Treasury Secretary Scott Bessent doesn't appear to understand the basics of how the stock market works, analyst Natasha Sarin told CNN's Boris Sanchez and Brianna Keilar on Monday afternoon.
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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.
Donald Trump's tariffs spark panic inside the White House as Treasury Secretary Scott Bessent reportedly wants to quit amid market mayhem
As the global economy braces for potential further escalations, all eyes remain on how Trump’s policies will shape the financial landscape in the coming months.
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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