Treasury Secretary, far Bessent
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New York Post |
Bessent also downplayed talk of the US economy tipping into recession, which is defined as two consecutive quarters of negative growth.
The New York Times |
“Most Americans in a 401 (k) have what’s called a 60/40 account,” he said, without explaining what he was talking about.
Reuters |
He added that despite financial market turmoil, "in general, the companies I've spoken to, people who have come, the CEOs, who have come into Treasury, tell me that the economy is very solid."
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Treasury Secretary Scott Bessent will huddle with House Republicans multiple times this week as the administration looks to soothe GOP concerns about the sweeping tariffs that President Trump
The Trump agenda is focused on Main Street. It’s Main Street’s turn… It’s Main Street’s turn to drive investment,” Bessent said.
Opinion
2don MSNOpinion
Many hoped Treasury Secretary Scott Bessent would be a voice of reason on Team Trump. Amid the crisis caused by tariffs, those hopes have since evaporated.
The unusual requests made of Interior Secretary Doug Burgum’s staff are raising concerns all the way to the White House.
6don MSN
Treasury Secretary Scott Bessent unpacks the Trump administration's sweeping retaliatory tariffs on "Special Report."