Treasury Secretary Scott Bessent has downplayed concerns about the US economy, stating that there is no reason for panic amid a recent stock market plunge. The remarks came during an appearance on CNBC, where he discussed the current economic situation and its implications.
Bessent’s comments have sparked interest among investors and economists, who are looking for reassurance about the country’s economic health. The Treasury Secretary’s words suggest that there is confidence in the US economy’s ability to weather any challenges.
While some experts may view Bessent’s remarks as overly optimistic, they also highlight the complexity of economic forecasting. As the situation continues to unfold, it will be interesting to see how the stock market and other economic indicators respond.
The recent stock market downturn has been attributed to various factors, including global economic uncertainty and trade tensions. However, Treasury Secretary Bessent’s comments suggest that there may be more to the story than initially meets the eye.
As the situation continues to develop, investors and policymakers will be closely watching Bessent’s words for any signs of reassurance or concern about the US economy.
Source: https://edition.cnn.com/2025/03/13/business/video/stock-market-trump-treasury-secretary-scott-bessent-digvid