Key Takeaways Treasury Secretary Scott Bessent said the U.S. economy is starting to "roll a bit," acknowledging that financial markets have plunged amid uncertainty about President Donald Trump's trade policies in recent weeks.

Treasury Secretary Scott Bessent on Friday acknowledged some signs of weakness in the U.S. economy. "Could we be seeing that this economy that we inherited starting to roll a bit? Sure. And look, there's going to be a natural adjustment as we move away from public spending to private spending,

Treasury Secretary Scott Bessent said Friday the United States economy has become increasingly reliant on excessive government spending, adding, “there’s going to be a detox period.” “The market and the economy have become hooked,