Scott Bessent, market volatility

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 concerned about a little bit of volatility over three weeks,” Bessent told CNBC on Thursday.
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.
Scott Bessent says the White House doesn’t care about stock market volatility
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,
Treasury Secretary Scott Bessent shrugs off Wall Street’s Trump tariff ‘selloff’
Bessent told Fox & Friends that the commander-in-chief’s top priority is living the living standards of ordinary Americans
Treasury Secretary Scott Bessent sees inflation plummeting to the Federal Reserve’s 2% target despite Trump’s tariffs
Bessent blamed “four years of disastrous policies,” for scorching inflation, claimed the current administration was working everyday to lower prices, and China would eat any tariffs.
Scott Bessent says Trump intends to reprivatize the US economy
Scott Bessent emphasized the need to reprivatize the economy to fix the last administration’s mistakes. The secretary defended Trump’s policies, saying the president was trying to transition the economy to a private sector-powered one.
Bessent Warns on ‘Detox Period’ for Economy, Touts Trump ‘Call’
Treasury Secretary Scott Bessent warned that the US economy may see some disruption as the Trump administration shifts the basis for growth away from the government and toward the private sector.
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 economy may be slowing. Bessent said the Trump administration’s moves to transition the economy to one which emphasizes private spending over public spending may require a “detox” period.
Watch CNBC’s full interview with U.S. Treasury Secretary Scott Bessent
U.S. Treasury Secretary Scott Bessent joins ‘Squawk Box’ to discuss the state of the economy, U.S. foreign trade relations, and more.
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’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 ...
Sunday shows preview: Congress avoids government shutdown; Trump tariffs rattle economy
Republicans scored a major win on Friday as the Senate approved the House-GOP crafted spending bill, largely authored without ...
Bessent defends Trump tariffs: ‘Access to cheap goods’ is not the ‘American Dream’
International economic relations that do not work for the American people must be reexamined,” he said at the Economic Club ...
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 secretary knew about it in advance.