Scott Bessent told NBC News on Sunday that there are 'no guarantees' there won't be a recession."Like, who would have predicted Covid, right?" he said.Bessent also expressed confidence in the stock market despite major fluctuations over the past week.

U.S. Treasury Secretary Scott Bessent has declared “there are no guarantees” that Americans won’t face a recession during President Donald Trump’s second term. “Mr. Secretary, can you guarantee the American people here and now that there will be no recession on President Trump’s watch?” NBC’s Kristen Welker asked Bessent Sunday on “Meet the Press.”

Treasury Secretary Scott Bessent told NBC on Sunday he is not worried about the stock market, despite a tumultuous week.