Treasury Secretary Scott Bessent downplayed on Thursday the negative impacts of President Donald Trump‘s tariffs as he said a possible government shutdown is “the economic story for the next few days.

Treasury Secretary Scott Bessent made it clear on Thursday that the Trump administration isn’t concerned about stock market swings. Speaking on CNBC’s “Squawk on the Street,” Bessent said the White House is focused on long-term economic growth,

essent said the administration is attentive to market moves, he predicted that both the economy and markets would prosper over time.