Scott Bessent, former Treasury Secretary under Trump, criticized Meet the Press' Kristen Welker during a Fox Business interview, suggesting her question about recession guarantees was silly. He emphasized the economy's health, stating that there's no need for a recession and pointing to favorable data from financial institutions. Bessent contended that current government spending levels are unsustainable and advocated for a more positive view of the economic situation despite market anxieties linked to Trump's trade policies.
BESSENT: ...I can’t guarantee anything. I can’t guarantee that the journalist who asked me the question that her news program is going to be on in a year.
BESSENT: There is no reason we need to have a recession. I think that the economy in the first quarter is doing better than the media is reporting.
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