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Prmagazine > News > News > Treasury Sec. Scott Bessent says he’s ‘not at all’ worried amid a stock market selloff
Treasury Sec. Scott Bessent says he’s ‘not at all’ worried amid a stock market selloff

Treasury Sec. Scott Bessent says he’s ‘not at all’ worried amid a stock market selloff


Washington – Treasury Secretary Scott Bessent said Sunday he “not all” concerned with many hours in stock trumpet.

“I’m already in the business of investing 35 years, and I can tell you that corrects are healthy. They are normal. What is not healthy.” Bessent says in an interview with NBC News’ “

Large stock indexes are lowered in recent weeks among Tarko threats to Trump. CNBC previously reported that the sum of S & P 500 has decreased for about $ 5 trillion in three weeks.

Trump has left with tariffs With Canada and Mexico, two of the US classmates’ closest colleagues, while threatening melts tariffs in other US allies such as European Union. President has also been implemented Tarko Tarko of aluminum and steel. Bessent has also confirmed Trump’s “Reciprocal” tariffs In other countries begin April 2.

“I am not worried about markets. In the long term, if we place good tax policy, deregulation and energy security, markets do good,” says Bosters.

Stock market changes evoke higher term economic issues, and the Bansento does not rule a shrinkage in the interview on Sunday.

“You know no guarantee, like who will predict Covid, right?” Bessensias said when asked if he could guarantee that he was not a recession.

“So I’ll know that we wear strong policies that can be strong, and can have an adjustment,” he said, that the country needs to be discouraged by “many government spending.”

Trump used to refuse to rule a shrinkage and acknowledged that Americans might feel some economic disease in response to his policies.

“I hate predicting things like that,” Trump Say in an interview with Fox News this month When asked if he is waiting for this year. “There is a time of transition, because what we do is great.”

The President also said many times to see the economy Some level of “toughness” In response to his tariff policies.

“The tariffs are about to change America and make America great again, and it happens, and it will happen soon,” he seems to be his joint address of Congress. “There’s a little trouble, but we’re okay with that. It’s not a lot.”

He later repeated the feeling, told NBC news “There was some trouble, a little trouble.”

Trump later appeared to repeat his recession comments, saying last week he didn’t “see it,” when asked again If there is a recession. Stock market indexes repeated frequently after Trump threatened or made tariffsBut Trump said last week that Stock Market Slockoff wasn’t worried about him, without him “very optimistic in the country.”

Sunday Bessense urges Americans watching how countries reacted in two months after the start of tariff tariffs in April.

“Even tariff obstacles come down, the US can export. The trade is more beautiful, but not fair,” says Bessess. “Or if they don’t do it, we’ll take a lot of income.”

Besstent also mentions IRS cuts after the Trump administration has begun a large rederal rederal federal federal shortened by test staff.

The Secretary of Treasury says the IRS has about 15,000 attempted attempts to be fired, but “we guarded about 7,500, 8,500 because we looked at this important mission.” Last week, two federal judges ordered by the Trump administration of temporarily reconciliation Thousands of fired provision workers.



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