Treasury Secretary Scott Bessent on Tuesday sought to mitigate concerns about the state of the economy, after saying this weekend that “there are no guarantees” when it comes to a recession.

Treasury Secretary Scott Bessent, a former hedge fund manager, said he’s not worried about the recent downturn that’s wiped trillions of dollars from the equities market as the US seeks to ...

There are “no guarantees” there will not be a recession in the US, although there could be an adjustment, Treasury Secretary Scott Bessent said in an interview that aired on Sunday.

Treasury Department Secretary Scott Bessent said on Sunday that “there are no guarantees” when it comes to a recession. “Mr. Secretary, can you guarantee the American people here and now ...