Scott Bessent, recession

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 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.
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 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.
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’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 Thursday.
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.
US Treasury's Bessent says economy may slow in shift away from public spending
U.S. Treasury Secretary Scott Bessent said the U.S. economy may go into a "detox period" as it reached a more sustainable equilibrium.
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 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.
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 ...
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 ...
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 ...
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, ...
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 ...
Opinion
Where’s the economic sense behind Trump’s tariffs?
Not even Treasury Secretary Scott Bessent can convincingly defend the president’s trade policy.