Treasury Secretary Bessent says he’s not concerned about the current stock market volatility - MarketWatch
1. Treasury Secretary downplays recent market volatility, citing long-term focus. 2. S&P 500 down 6% this month; stocks remain good long-term investment. 3. Possible government shutdown could be disruptive, but not considered harmful. 4. Treasury asserts economy in 'detox' phase, not worried about recession. 5. Goal is smooth transition from government spending to private sector growth.