Scott Bessent (Treasury Secretary)

[tsptalk]

Treasury Secretary Bessent says a ‘detox’ period for the economy does not have to be a recession

The comments come after Bessent said Friday that the U.S. would undergo a transition period as the federal government tries to cut spending, including laying off public sector workers.

Bessent on Thursday reiterated his view that current levels of government spending are “unsustainable.”

https://www.cnbc.com/2025/03/13/bessent-says-a-detox-period-for-the-economy-does-not-have-to-be-a-recession.html

 

[James48843]

he’s the guy who said “Buy the dips”