Treasury Secretary Scott Bessent says economy may slow

Treasury Secretary Scott Bessent says the economy may slow as part of a ‘detox’ from government spending
Treasury Secretary Scott Bessent said the U.S. economy may be “starting to roll a bit,” as data suggests last year’s red-hot economy is slowing. Bessent said the Trump administration’s moves to transition the economy to one that emphasizes private spending over public spending may require a “detox” period.
US Treasury Secretary Scott Bessent Unveils Plan To Slash Regulations, Boost Economy
U.S. Treasury Secretary Scott Bessent took to Fox Business on Thursday to outline an ambitious economic strategy aimed at revitalizing growth by slashing regulatory burdens and cementing tax cuts. Appearing on “Kudlow,
Trump treasury secretary warns of 'detox period' slowdown for US economy
Treasury Secretary Scott Bessent warned the U.S. economy could enter a "detox period" as the administration shifts from robust government spending.
Treasury Chief: We May Need 'Detox' on Economy
It's not a word typically applied to the economy, and it may not thrill Wall Street investors. But Treasury Secretary Scott Bessent told CNBC on Friday that the nation's economy may be in need of a "detox.
Treasury secretary forecasts ‘detox period’ for US economy
Treasury Secretary Scott Bessent said Friday the United States economy has become increasingly reliant on excessive government spending, adding, “there’s going to be a detox period.” “The market and the economy have become hooked,
Rubio, Musk clash at Trump Cabinet meeting: NYT
Secretary of State Marco Rubio clashed with tech billionaire and close Trump adviser Elon Musk during a contentious Cabinet meeting hosted by President Trump. Musk, the world’s richest ...
New York Post16d
Secretary of State Marco Rubio accuses Zelensky of trying to ‘hustle’ US in peace talks, rare-earth deal
Secretary of State Marco Rubio has charged that Ukrainian ... very hard to make deals” and called Treasury Secretary Scott Bessent’s initial travel to Ukraine for the minerals agreement ...
Bloomberg L.P.18d
Bessent to Skip G-20 Finance Chiefs Gathering in South Africa
US Treasury Secretary Scott Bessent won’t travel to the Group ... Bessent’s decision follows Secretary of State Marco Rubio’s snub of the G-20 gathering of foreign ministers this week.
FOX News on MSN8d
Treasury sec reveals Zelenskyy nixed Trump's mineral deal twice prior to Oval Office blowup
Treasury Secretary Scott Bessent revealed that Ukrainian President Volodymyr Zelenskyy had already twice refused to sign a minerals deal with the United States.
New York Post11d
Marco Rubio says ‘important’ mineral deal with Ukraine is just a ‘tush push’ away
Secretary of State Marco Rubio said Wednesday that the US ... Ukrinform/Shutterstock Treasury Secretary Scott Bessent presented Ukraine with the rare earths proposal earlier this month after ...
Hosted on MSN18d
US Treasury's Bessent to skip G20 meeting in South Africa, NYT reports
WASHINGTON (Reuters) - U.S. Treasury Secretary Scott Bessent will skip next ... U.S. Secretary of State Marco Rubio subsequently canceled a trip to Johannesburg for a meeting a G20 foreign ...
RealClearPolitics20d
Bessent: Trump "Could Win The Nobel Peace Prize" For His Plan To Rebuild Ukraine, If It Were Fairly Awarded
Secretary of the Treasury Scott Bessent called President Donald ... Secretary of State Marco Rubio praised President Trump for trying to be a peacemaker by talking to Russia about ending the ...