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 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.

Treasury Secretary Scott Bessent dismissed panic surrounding the stock market and instead reaffirmed his support of the tariffs imposed by the Trump administration. Bessent appeared on NBC News’s Meet the Press Sunday after a six-week slump in the S&P 500.

During an appearance on NBC's Meet the Press, Bessent said there was “no reason” to expect a recession and that the new policies would ultimately strengthen the American econo

The Trump administration is hoping to alleviate some of the concerns regarding the U.S. economy as President Donald Trump's sweeping new tariffs on foreign trade partners go into effect.