Treasury Secretary Bessent says Trump is leaving for the financial crisis

Treasury Secretary Scott Bessent, Sunday, Trump Administration said that the Trump leadership was aimed at preventing the possible financial crisis in recent years.

“I will be a financial crisis, I will be a financial crisis. I learned that, I had taught and kept it in the level of spending,” he said, “Everything was unstable,” he said. “We reset and set everything on a continuous way.”

President Donald Trump Since the government is fired from office, he obtained a priority. He created the department of government efficiency Elon muskCutting work between many federal agencies and promotion of early retirement.

Again, the US debt and deficit problem has worsened During the first month of Trump in the office, the budget deficiency for February has gained $ 1 trillion.

Bessent noted that “no warranty” will not be the recruitment there.

Sunday was on a voice walk as Trump’s late Widespread tariffs Concerns related to inflation and economic slowdown were removed. This S & P 500 The volatility on Thursday has adjusted 10% in February.

Bessent believes that the market is currently in the meantown, and Trump’s business policies market will increase the market and economy for a long time.

“I have been in an investment business for 35 years and I can say that these amendments are healthy. They are normal,” he said. “It’s not healthy for you to buy this euphoric markets, this is this euphoric markets. This is a financial crisis. We would not take the brakes in ’06, ’07 ’08.”

“I don’t worry about the markets. For a long time, if we did good tax policy, regulation and energy security, if markets did great work,” he said. “I say it’s a week on a week.”