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 ...
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 ...
‘We have to rebuild our country’: Donald Trump and his team pursue economic shock therapy
The economic pivot, which has focused on aggressive tariffs and significant cuts to government spending, has sent US equities ...
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 ...
Treasury Secretary tells stock investors to focus on the long term
Treasury Secretary Scott Bessent on Thursday tried to calm investors worried that the administration would tip the economy into recession. In an interview on CNBC, Bessent said he wasn't worried about ...
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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 ...
Trading Day: Smoldering market volatility set to ignite
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Here's Where to Look for Early Signs of a Recession; How Wall Street and Business Got Trump Wrong
Major economic data hasn't yet begun to fully capture Trump's time in office. The Wall Street Journal is looking at a host of other indicators to try to figure out whether the U.S. might skirt a ...
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Investors with $2 trillion lay out strategies for a turbulent 2025
With multiple wars on the brink of either peace or escalation, U.S.-China relations spiraling and global tariffs in play, ...
Treasury secretary warns U.S. could enter “detox period” | The Excerpt
Plus: President Donald Trump threatens Russia with sanctions. American liquor, wine and spirits pulled from Canadian shelves ...
Don't expect Trump or Powell to bail out investors this time as stock market hits 'danger zone'
But this time around, investors aren't holding their breath. With stocks crashing below the key technical threshold, few on Wall Street expect that either President Donald Trump or Fed Chair Jerome ...