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Wall Street grew for decades, now ‘Main Street’s turn’: Bessent

Lawmakers set to confirm Scott Bessent for US Treasury chief
Source: Video Screenshot

US Treasury Secretary Scott Bessent said Wednesday that after Wall Street’s wealth gains in recent decades, it is now smaller institutions’ turn — addressing bankers shortly after President Donald Trump’s fresh tariffs struck fear through markets.

“Wall Street has grown wealthier than ever before, and it can continue to grow and do well. But for the next four years, the Trump agenda is focused on Main Street. It’s Main Street’s turn,” Bessent told a summit in Washington, hours after steep tariffs took effect and China announced further retaliation.

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AFP

Agence France-Presse (AFP) is a French international news agency headquartered in Paris, France. Founded in 1835 as Havas, it is the world's oldest news agency.

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