Scott Bessent Says He’s Not Worried About Market
Scott Bessent, US Treasury Secretary, speaks to the media outside the White House on March 13.
Photographer: Yuri Gripas/Abaca
Good morning. Treasury boss Scott Bessent wants you to stop worrying about the stock market. Donald Trump schedules a call with Vladimir Putin. And Queen Charlotte requests the pleasure of your company at Netflix’s latest money spinner. Listen to the day’s top stories.
Relax! US Treasury chief Scott Bessent said he’s not worried about the recent equity downturn. “Corrections are healthy,” he told NBC. Traders still don’t seem convinced. Futures indicate stocks are in for another rough day. And even though valuations of big technology companies have fallen from lofty heights, buyers aren’t interested.