- After the worst selloff on Wall Street since the early days of the COVID-19 pandemic, Treasury Secretary Scott Bessent said he was impressed with the market's ability to handle surging volumes and noted that Wall Street has a history of underestimating President Donald Trump, whose tariff policies are raising fears the economy will be suddenly thrown into a recession.
Treasury Secretary Scott Bessent said the market's ability to handle surging volumes is reassuring and downplayed the massive stock selloff as a short-term reaction.
