Treasury Secretary Scott Bessent Says Growing Recession Fears Are ‘Media Driven’
- Treasury Secretary Scott Bessent stated that the American public's growing recession fears are largely media-driven.
- Bessent criticized the media for exaggerating negative news and not reporting positive market developments.
- Despite alarming headlines, Bessent highlighted that consumer spending remains strong.
- Bessent emphasized that consumer behavior contradicts the negative narratives presented by the media.
17 Articles
17 Articles
Bessent: Ignore The Surveys, Watch The Data
Treasury Secretary Scott Bessent pushed back against pessimistic market sentiment Monday, urging investors and analysts to ignore survey-based indicators and focus on hard economic data. “I was in the investment business for 35 years. And I learned to ignore the surveys. Look at the actual data. The actual data is good. The job data is good. Americans keep spending. We have this incredible commitment to brick manufacturing back onshore. Record i…
Treasury Secretary Bessent: Recession Fears Are 'Media Driven'
Treasury Secretary Scott Bessent dismissed growing concerns over a potential recession, attributing the anxiety to media exaggeration. In an interview on ABC’s “This Week,” Bessent emphasized that consumer behavior does not align with the pessimistic narratives presented in the press. Bessent highlighted that, despite alarming headlines, consumer spending remains robust. He pointed out that while polls suggest economic apprehension, actual cons…
THE ECONOMY: Bessent Catches The Media In Yet ANOTHER Anti-Trump Falsehood
Here’s their dirty little secret: in telling us only half of the story, they are telling us an entire lie… and they’re getting away with it. (Until now.) There are two ways the media lied to the public in manipulating the voting public back in 2020. They hid bad news about Biden (including the laptop, his mental decline, stories about his corruption, and so on), and they hid good news about Trump — economic successes, the Abraham accords, even e…
You Can't Hate the Mainstream Media Enough: Watch Martha Raddatz Show Scott Bessent Why the Fake News Can Never Be Trusted
Martha Raddatz proves once again that the mainstream news can never be trutsted. They don’t even make good entertainment! Treasury Secretary Scott Bessent joined Martha Raddatz on ABC’s This Week earlier today. During their interview, Bessent took a swing at the fake news media. Treasury Secretary Scott Bessent: When I look at some of the things that are being published, there was a story 10 days ago that said, This is the worst April for the st…
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