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Treasury Secretary, Bessent and Stock Market

CNBC on MSN · 1d

Treasury Secretary Bessent says a 'detox' period for the economy does not have to be a recession

The comments come after Bessent said Friday that the U.S. would undergo a transition period as the federal government tries to cut spending, including laying off public sector workers. Bessent on Thursday reiterated his view that current levels of government spending are "unsustainable.

MarketWatch on MSN · 1d

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,

RealClearPolitics · 12h

Treasury Secretary Bessent: We're Focused On The "Real Economy" Long-Term, Not "A Little" Volatility In Stock Markets

Treasury Secretary Bessent said Thursday during an interview with CNBC that the Trump administration is more focused on creating long-term economic prosperity and not "a little" volatility in the stock market this month.

Trump Threatens a 200% Tariff on Wine and Liquor From EU

CNBC on MSN · 1d

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 secretary knew about it in advance.

EU winemakers fear hammering from Trump's 200% tariffs

European wine producers on Friday (March 14) expressed their concern after U.S. President Donald Trump threatened to slap a 200% tariff on wine and other alcohol from the European Union in response to the bloc's levies on U.

U.S. News & World Report · 18h

French Vintner Hopes Trump's Tariff Threat on European Wine Is Just Posturing

The owner of one of France's top Bordeaux wine chateaux hopes U.S. President Donald Trump's threat of 200% tariffs on European wine is just posturing because the impact would be devastating if not. Trump on Thursday threatened to slap a 200% tariff on European wines and other alcoholic products unless the European Union scraps its planned tax on American whiskey.

1d

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, ...

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4d

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 ...

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