Treasury Secretary Scott Bessent stated that growing recession fears among Americans are largely “media driven.” He indicated that current market volatility was expected regardless due to previous policies.
Bessent warned that it could take at least six months for voters to see any economic results from current policies.
An ABC News poll showed that 72% of Americans believe President Donald Trump’s tariffs could lead to a recession, highlighting public concern amid fluctuating market conditions.
Bessent warned it could take up to six months for voters to notice the results of current economic policies.