White House Focused on ‘Real Economy’ Not Market Volatility: Bessent

The Treasury secretary said current policies are laying the groundwork for economic gains.

Scott Bessent, nominee for Treasury secretary, testifies before the Senate Committee on Finance at the U.S. Capitol on Jan. 16, 2025. Madalina Vasiliu/The Epoch Times

The Trump administration is more focused on the “real economy” rather than “a little bit of volatility” in the financial markets, says Treasury Secretary Scott Bessent.

In a wide-ranging interview with CNBC’s “Squawk Box” on March 13, Bessent stated that while President Donald Trump and his team are attentive to market changes, the administration is concentrating on crafting an economic landscape that offers “long-term gains” for Wall Street and the American people.