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Treasury Secretary Bessent says stock market concerns are 'media-driven'

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Secretary Scott Bessent of the Department of the Treasury said Sunday that concerns over the stock market are driven by the press.
Treasury Secretary Bessent has stated that concerns about the stock market are largely driven by media narratives rather than reflecting the actual economic conditions. He emphasized that the U.S. economy is fundamentally strong, supported by robust employment data and consumer spending. Bessent criticized the media for sensationalizing market fluctuations and creating unnecessary panic among investors. He reassured the public that the administration is closely monitoring economic indicators and is prepared to take action if necessary to maintain stability.

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