Treasury Secretary Scott Bessent joined Martha Raddatz on ABC’s This Week earlier right now.
Throughout their interview, Bessent took a swing on the faux information media.
Treasury Secretary Scott Bessent: After I have a look at a few of the issues which might be being printed, there was a narrative 10 days in the past that mentioned, That is the worst April for the inventory market because the Nice Melancholy. Ten days later, the Nasdaq is now up within the month of April, and I haven’t seen a narrative that claims, Oh, inventory market has largest bounce again ever.
Martha Raddatz: It definitely has gone backwards and forwards.
Scott Bessent: I feel numerous that is media-driven.
After all, Secretary Bessent is right. The NASDAQ was at 19,278 on March 31, 2025. On Friday the NASDAQ was at 19,432 on April 25, 2025. The NASDAQ is greater than it was on the finish of Could DESPITE President Trump’s tariffs coverage.
That’s fairly exceptional.
However as a substitute of admitting her grievous mistake, Raddatz brushed it off because the markets going “backwards and forwards.” That isn’t right. The market has carried out remarkably this month and EVERYONE within the faux information has egg on their face as soon as once more. As a substitute of apologizing Raddatz lies once more to the American public.
You actually can’t hate this faux information media sufficient!
Through Rapid Response 47:
.@SecScottBessent: “There was a narrative ten days in the past that mentioned that is the worst April for the inventory market because the Nice Melancholy. Ten days later, the Nasdaq is now up on the month of April, and I haven’t seen a narrative that claims ‘inventory market has largest bounce again ever.’” pic.twitter.com/gbU68ocKV8
— Fast Response 47 (@RapidResponse47) April 27, 2025
