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US Politics

Treasury Secretary Bessent says White House is heading off a 'guaranteed' financial crisis

CNBC
Summary
Nutrition label

62% Informative

Treasury Secretary Scott Bessent says the U.S. debt and deficit problem worsened during Trump 's first month in office.

He says there are "no guarantees" there won't be a recession.

The S&P 500 on Thursday fell into a 10% correction from its February high as volatility spiked.

Trump 's pro-business policies will boost the market and economy over the long run, he said.

VR Score

72

Informative language

75

Neutral language

4

Article tone

informal

Language

English

Language complexity

38

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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