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downplays

Treasury Secretary Scott Bessent downplays stock market crash as short-term reaction and says ‘everything is working very smoothly’

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Treasury Secretary Scott Bessent said the market’s ability to handle surging volumes is reassuring and downplayed the massive stock selloff as a short-term reaction. In an interview with NBC’s Meet the Press that aired Sunday, he also gave no indication that President Donald Trump will back off from this aggressive tariffs and said there doesn’t … Read more

Trump downplays leaked group texts with 18 senior officials and a reporter as not ‘serious’ while Democrats blast ‘utterly unprofessional’ lapse

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President Donald Trump on Tuesday downplayed the texting of sensitive plans for a military strike against Yemen’s Houthis this month to a group chat that included a journalist, saying it was “the only glitch in two months” of his administration. Shawn Thew/EPA/Bloomberg via Getty Images

David Sacks downplays Trump’s altcoin mention after Bitcoin reserve EO

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White House AI and Crypto Czar David Sacks addressed speculation on possibly including altcoins in a crypto reserve. Last weekend, President Donald Trump spoke about (XRP), Solana (SOL), and Cardano (ADA) as part of a U.S. crypto strategic reserve. The tokens and other digital assets surged to double-digit gains as billions flowed into cryptocurrencies. Debates … Read more

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