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 ...
Scott Bessent calls government shutdown a bigger story than stock market shock
Treasury Secretary Scott Bessent downplayed on Thursday the negative impacts of President Donald Trump‘s tariffs as he said a ...
Treasury secretary 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 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 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 ...
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.
Treasury Secretary Scott Bessent says the economy may slow as part of a ‘detox’ from government spending
Treasury Secretary Scott Bessent said the U.S. economy may be “starting to roll a bit,” as data suggests last year’s red-hot ...
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.
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 Scott Bessent to CEOs: It's common sense to cut taxes
With markets reeling because of volatile tariff headlines from the Trump administration, one of the president's top Cabinet ...
Trump's Top Economic Advisor Rebuffs Recession Fears
Treasury Secretary Scott Bessent pushed back against growing recession concerns Thursday, saying the Trump administration wanted a "smooth transition" to an economy with less government spending.
U.S. officials act to block illicit Iranian oil trade with China
Iran is operating a ghost fleet to sell oil to China in violation of existing sanctions, which U.S. officials seek to stop ...