Is A Recession Coming During Trump’s Second Term? ‘No Guarantees,’ U.S. Treasury Secretary Says.
U.S. Treasury Secretary Scott Bessent has declared “there are no guarantees” that Americans won’t face a recession during President Donald Trump’s second term. “Mr. Secretary, can you guarantee the American people here and now that there will be no recession on President Trump’s watch?
Trump treasury secretary says 'there are no guarantees' about recession hitting the US
"I can predict that we are putting in robust policies that will be durable," Bessent added, including trying to "wean our country off" of "massive government spending."Start the day smarter. Get all the news you need in your inbox each morning.
‘There are no guarantees’: Scott Bessent won't rule out a recession
He also said he isn’t worried about stock market turbulence, following the worst week in the market in two years.
Bessent Says There Are 'No Guarantees' There Will Not Be a US Recession
Asked whether he could guarantee there would be no recession while Trump was in power, Bessent replied: "There are no guarantees. Who would have predicted COVID?" Bessent said he was putting in robust policies that would be durable,
‘There Are No Guarantees,’ Treasury Secretary Says of Recession
There are “no guarantees” there will not be a recession in the U.S., although there could be an adjustment, Treasury Secretary Scott Bessent said in an interview that aired on Sunday. But Bessent, speaking to NBC’s “Meet the Press,
Trump Official Says 'No Guarantees' US Will Avoid Recession
Former Democratic presidential candidate Andrew Yang wrote on X, formerly Twitter, recently: "Do I think Trump is leading us into a recession through his tariffs, posturing and er
Treasury Secretary Scott Bessent says he can't rule out the possibility of a recession
Treasury Secretary Scott Bessent said on Sunday there are 'no guarantees' there won't be a recession, but expressed confidence in the stock market.
The Heartland Institute10hOpinion
Overlooked Treasury Report Supports Musk’s Warning About Federal Deficits Sinking the U.S.
Elon Musk recently stated that “rich people” should “be caring more” about federal deficits because “if the ship of America ...
Fox News11d
US Treasury, Trump score a huge win for Main Street
In a surprise announcement Sunday night, the U.S. Treasury Department put out a press release that could save tens of millions of small businesses from being treated like financial criminals and ...
US Treasury's Bessent says economy may slow in shift away from public spending
U.S. Treasury Secretary Scott Bessent said the U.S. economy may go into a "detox period" as it reached a more sustainable ...