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A ‘detox’ period for economy does not have to be a recession

Fortune on MSN · 4h

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.

UPI on MSN · 1d

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.

CNBC on MSN · 1d

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.

1d

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, ...

1don MSN

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 ...

7d

US Treasury's Bessent defends Trump tariff upheaval, vows 'maximum sanctions'

U.S. Treasury Secretary Scott Bessent on Thursday strongly defended the Trump administration's campaign to tear up global ...

1d

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.

Independent Journal Review6d

Scott Bessent Says Tariffs Will Go Up For Any Leader Acting Like ‘Numbskull’ Justin Trudeau

U.S. Treasury Secretary Scott Bessent told Fox Business host Larry Kudlow Thursday that world leaders emulating “a numbskull” ...

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