Scott Bessent says the U.S. economy is detoxing but that doesn’t mean there will be a recession: ‘I’m not concerned about a little bit of volatility over three weeks’
But Treasury Secretary Scott Bessent, who was a hedge-fund chief prior to his political appointment, isn’t worried. “I’m not ...
Treasury Secretary Bessent says a ‘detox' period for the economy does not have to be a recession
Treasury Secretary Scott Bessent said Thursday that his previous comments about a " detox period " for the U.S. economy did ...
Treasury Secretary Bessent says he’s not concerned about the current stock market volatility
Treasury Secretary Scott Bessent on Thursday played down the recent weakness in the stock market, saying the White House was ...
Bessent Says Recent Decline in Dollar Is a Natural ‘Adjustment’
Treasury Secretary Scott Bessent played down the recent decline in the US dollar, saying it was a natural “adjustment” as ...
Treasury Secretary Scott Bessent dismisses market volatility amid Trump economic moves
Treasury Secretary Scott Bessent said market volatility doesn't matter much as the Trump administration focuses on long-term ...
Bessent Tries to Reassure on Economic Outlook
Treasury Secretary Scott Bessent used a Thursday interview on CNBC to downplay the near-term challenges the economy is facing ...
Secretary of Treasury Scott Bessent downplays economic fears around tariffs
U.S. Secretary of Treasury Scott Bessent speaks to reporters on the White House lawn on Mar. 13, 2025. Copyright 2025 The ...
Treasury Secretary Bessent: We're Focused On The "Real Economy" Long-Term, Not "A Little" Volatility In Stock Markets
Treasury Secretary Bessent said Thursday during an interview with CNBC that the Trump administration is more focused on creating long-term economic prosperity and not "a little" volatility in the ...
Small businesses barely survived Biden. They can’t wait for tariffs to fix things
Ordinary Americans are excited for the Trump presidency, but small businesses suffered too much under Biden to be able to ...
WATCH: Treasury Secretary slams Dems for potential government shutdown
U.S. Treasury Secretary Scott Bessent was asked about tariffs but pivoted to a looming government shutdown on Capitol Hill.
Bessent brushes off stock dips, recession concerns as ‘a little bit of volatility’ short-term
The Trump administration has repeatedly tried to brush off concerns that American consumers would take hits amid market chaos.