Scott Bessent said on television that most people kept 401(k) money in a 60% stock fund. It’s not quite that simple.

Treasury Secretary Scott Bessent downplayed growing fears of a recession and the market plunge from President Trump’s tariffs as he vowed Sunday that “we’re going to hold the course.” ...

Treasury Secretary Scott Bessent said on Sunday that President Trump’s tariffs are a “one-time price adjustment,” which he stressed is different from continuous price increases caused by ...

Treasury Secretary Scott Bessent, a former hedge fund manager, said he’s not worried about the recent downturn that’s wiped trillions of dollars from the equities market as the US seeks to ...

Scott Bessent told NBC News on Sunday that there are 'no guarantees' there won't be a recession. "Like, who would have predicted Covid, right?" he said. Bessent also expressed confidence in the ...

U.S. Treasury Secretary Scott Bessent said there are "no guarantees" when asked during a Sunday interview whether he could "guarantee" the American public that the country will not see a recession ...

Treasury Department Secretary Scott Bessent said on Sunday that “there are no guarantees” when it comes to a recession. “Mr. Secretary, can you guarantee the American people here and now ...

U.S. stock futures declined Sunday after Treasury Secretary Scott Bessent said he’s not worried about a market downturn, despite a miserable stretch for Wall Street. “I’ve been in the ...

Treasury Secretary Scott Bessent is “not worried” about the stock market despite a crushing week of losses on Wall Street. The Dow Jones Industrial Average fell by approximately 3% this past ...