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 ...
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’s Scott Bessent says ‘access to cheap goods’ is not the ‘American dream’
Treasury Secretary Scott Bessent stood by President Trump’s policy plans during a speech delivered to top economists on ...
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Treasury Secretary Bessent Weighs In Against Consolidation of Banking Agencies
Scott Bessent is staking out a leadership role for the Treasury Department in the Trump administration’s deregulatory ...
Stocks trim losses as Bessent says 'detox' doesn't mean recession
Thursday is shaping up to be another volatile day for U.S. stocks. The Nasdaq Composite has already swung by more than 1 percentage point from its daily lows to its daily highs as the market trimmed ...
Trump's Treasury chief on 200% EU tariff threat: ‘Not sure why that's a big deal' for markets
Treasury Secretary Bessent did not answer when CNBC asked if Trump’s announcement was “premeditated,” or whether the Cabinet ...
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 ...
Bessent Says Economy May Be Starting To 'Roll A Bit'
The White House's top economic advisor defended controversial tariffs and acknowledged the economy may be starting to roll ...