Bessent said "what I've been very impressed with is the market infrastructure, that we had record volume on Friday."

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 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.

U.S. Treasury Secretary Scott Bessent will lead trade negotiations with Japan, the Nikkei newspaper reported on Tuesday. Under Bessent, Washington is likely to discuss dollar/yen moves with Tokyo as well as trade,

Treasury Secretary Scott Bessent said Japan is likely to be prioritized in trade talks with the Trump administration. “Just because they came forward very quickly,” Bessent said in an interview on Fox Business.

Treasury Secretary Scott Bessent said Monday that President Donald Trump has directed him to negotiate a new trade arrangement with Japan as tariffs roil the global economy. Bessent said Trump had tasked him and United States Trade Representative Jamieson Greer to open negotiations on trade.