Treasury Secretary Scott Bessent said market volatility doesn't matter much as the Trump administration focuses on long-term economic success.

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.

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.