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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.

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Councilmember says pension funds are secure amid market volatility

Finance Committee Chairman and Brooklyn Councilman Justin Brannan joined “The Rush Hour.”

2 days ago·New York, United States

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RealClearMarkets

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As the Stock Market Falls, Discredit Falls Squarely on Trump

Steve Benen, MSNBC "You can't really watch the stock market," the president said last month. As retirement accounts take a severe hit, it's a little late for that.

2 days ago

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End Time Headlines

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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 […]

3 days ago

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CNBC

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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.

3 days ago·United States

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NBC News

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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.

3 days ago·United States

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