When Treasury Secretary Scott Bessent took the podium at the American Bankers Association on Wednesday morning he was anything but 'yippy' - the president's term to describe the handwringing of Republicans and financiers who were sounding the alarm on his tariffs.
Early on, Trump branded them as 'Panicans,' a 'new party based on weak and stupid people,' but Bessent struck a unique messaging balance that both reassured stock traders and his boss.
Bessent reassured the room of bankers that, thanks to the president's tariff threats, 75 countries were willing to negotiate with him, and that 15 of those nations had already proposed a deal.
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