U.S. Treasury Secretary Scott Bessent has declared “there are no guarantees” that Americans won’t face a recession during President Donald Trump’s second term. “Mr. Secretary, can you guarantee the American people here and now that there will be no recession on President Trump’s watch?” NBC’s Kristen Welker asked Bessent Sunday on “Meet the Press.”

U.S. Treasury Secretary Scott Bessent said there are "no guarantees" when asked during a Sunday interview whether he could "guarantee" the American public that the country will not see a recession during President Donald Trump 's term. Newsweek reached out to the Treasury Department's press office for comment on Sunday.

There are “no guarantees” there will not be a recession in the US, although there could be an adjustment, Treasury Secretary Scott Bessent said in an interview that aired on Sunday. But Bessent, speaking to NBC’s “Meet the Press,” ruled out the chance of a financial crisis.