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.
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.
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.
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.
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 may lead to a one-time price adjustment.
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,
DOGE Staffer Broke Treasury Rules in Transmitting Personal Data
A staffer for the Department of Government Efficiency violated Treasury Department policies when he sent a spreadsheet ...
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, ...
Exposure to Treasury futures plunges at risky moment
Levels of open interest in the U.S. Treasuries futures market rarely garner much attention, but this might be one of those ...
Treasury yields end lower as tariff fight intensifies and government shutdown looms
Bond yields finished lower Thursday, as investors faced the prospect of a potential U.S. government shutdown and Treasury Secretary Scott Bessent said the White House was more focused on the economy ...
UK Economy Unexpectedly Shrinks in January, in Blow to Treasury Chief Ahead of Key Statement
The British economy unexpectedly shrank during January, piling pressure on Treasury chief Rachel Reeves before a key ...
Treasury yields are little changed as investors await PPI report
U.S. Treasury yields were little changed on Thursday as investors awaited the producer price index report and weighed the ...
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Former Treasury Secretary Steven Mnuchin said Wednesday he believes “people are overreacting a bit” to the policy changes ...
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Treasury concerned struggling SOEs will impact tax revenue
National Treasury says it is concerned about the impact struggling state-owned entities will have on its ability to generate ...