Treasury Secretary Bessent has dismissed recent stock market dips and recession concerns as merely ‘a little bit of volatility’ in the short-term. According to reports from POLITICO, Bessent stated that the White House remains focused on the ‘real economy’ and is not overly concerned about temporary market fluctuations. In discussions regarding tariffs and the potential for a government shutdown, Bessent reiterated the administration’s commitment to economic stability. This developing story will continue to be updated as more information becomes available.
— news from POLITICO