Treasury Secretary Scott Bessent said Sunday on NBC’s “Meet the Press” that there was “no reason” for markets to be concerned a recession is coming.
Host Kristen Welker said, “Let me ask you about one of the big questions, recession, as you know, the chances of a recession are rising in the wake of the tariffs announced this week. Do you believe that President Trump’s tariffs are risking the chances of a recession?”
Bessent said, “I don’t, and I think we can see from the jobs number on Friday that it was well above expectations that we are moving forward. So I see no reason that we have to price in a recession.”
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Welker said, “I know you’ve been one of the officials spearheading the efforts to
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