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

Fortune on MSN · 7h

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.

MarketWatch on MSN · 1d

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,” Bessent said in an interview on CNBC.

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.

POLITICO on MSN · 1d

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.

1don MSN

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 ...

1don MSN

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 ...

2d

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 ...

8don MSN

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 ...

1d

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 ...

Wall Street Journal7d

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 ...

10don MSN

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 ...

8don MSN

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 ...

7don MSN

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 ...

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, ...

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