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 economic success.
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 Associated Press. All Rights Reserved.
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 stock market this month.
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 not mean that a recession was necessary.
Trump treasury secretary warns of 'detox period' slowdown for US economy
Treasury Secretary Scott Bessent warned the U.S. economy could enter a "detox period" as the administration shifts from robust government spending.
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 members is reportedly aiming to get CEOs and investors to focus on something more bottom-line friendly. The prospect of permanent Trump tax cuts.
Treasury Secretary Scott Bessent announces creation of an "affordability czar"
Treasury Secreatry Scott Bessent described the new role as "someone who picks the five or eight areas where this administration can make a big difference for working class Americans."
Treasury Secretary Bessent: 'I'm not worried about inflation' from tariffs
Treasury Secretary Scott Bessent said that President Donald Trump's tariffs aren't going to cause persistent inflation, but may lead to a one-time price adjustment.
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 focused on the long term. “I’m not concerned about a little bit of volatility over three weeks,
Treasury Secretary Bessent said the White House is focused on the 'real economy' and not concerned about 'a little' market volatility
Treasury Secretary Scott Bessent said Thursday the Trump administration is more focused on the long-term health of the economy and markets and not short-term gyrations. "We're focused on the real economy.
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Former Treasury Secretary Steven Mnuchin said Wednesday he believes “people are overreacting a bit” to the policy changes ...
Treasury secretary warns U.S. could enter “detox period” | The Excerpt
Plus: President Donald Trump threatens Russia with sanctions. American liquor, wine and spirits pulled from Canadian shelves ...
Former Treasury secretary says odds of a recession are ‘very close to half and rising’
Larry Summers, who served as Treasury secretary under former President Bill Clinton, joined “The Situation Room and Wolf Blitzer and Pamela Brown” and compared the U.S. economy to “being in the back ...
Former Treasury secretary on Trump’s tariffs: ‘People are overreacting a bit’
Former Treasury Secretary Steve Mnuchin believes that the economy is not in trouble and that people are overreacting to the new administration’s policy changes.
Treasury Secretary slams Dems for potential government shutdown
Treasury Secretary Scott Bessent says Democrats will be to blame if there is a government shutdown. He pivoted Thursday, ...
US private funds ask SEC to rethink Gensler-era rules
The Managed Funds Association, a private fund industry group, has urged the U.S. Securities Exchange Commission (SEC) to ...