Councilmember says pension funds are secure amid market volatility
- On March 13, 2025, Treasury Secretary Scott Bessent spoke to reporters in Washington, D.C.
- Bessent addressed the press before entering the White House to dismiss economic concerns.
- Bessent downplayed worries about a recession and retirement plans following a stock market plunge.
- Bessent stated, regarding market reactions, "The market consistently underestimates Donald Trump," despite significant losses.
- Following Trump's tariff announcement, the stock market plunged and sparked social media backlash, impacting savings.
9 Articles
9 Articles
Treasury Secretary claims Americans ready to retire aren’t worried about ‘day-to-day’ market fluctuations
(OPINION) Treasury Secretary Scott Bessent made headlines with a bold statement asserting that Americans nearing retirement are largely unconcerned with short-term stock market fluctuations. His comments, delivered amid a backdrop of economic uncertainty and recent market turbulence, have sparked a mix of support, skepticism, and debate across the nation. Drawing from multiple news sources, this […]
Treasury Secretary Scott Bessent says Americans looking to retire aren’t concerned about day-to-day markets, dismisses concerns about a potential recession
Bessent's comments come after President Donald Trump warned that the "economic revolution" won't "be easy" in a social media post.
Treasury Secretary Scott Bessent says Americans ready to retire aren’t worried about ‘day-to-day’ market fluctuations
Treasury Secretary Scott Bessent dismissed concerns Americans might be having about a potential impending recession and the status of their retirement plans.
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- 43% of the sources are Center
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