Treasury Secretary Scott Bessent pushed back against worries about inflation due to tariffs, saying that "overall, I would expect inflation to remain in line."

Treasury Secretary Scott Bessent on Sunday dismissed Moody's downgrade of the U.S. sovereign credit rating, saying the Trump administration would ensure U.S. economic growth outpaced its debt and pointing to recent pledges of Middle East investment.

US Treasury Secretary Scott Bessent dismissed Moody's downgrade of the United States’ sovereign credit rating. The ratings firm expects the US to add $4 trillion to the federal primary deficit in the next 10 years.