Bessent Touts a Strong Dollar After Trump Brushed Off Its Drop

Treasury Secretary Scott Bessent touted a strong-dollar policy on Wednesday, offering the greenback support a day after comments by President Donald Trump had sent the US currency tumbling.

“The US always has a strong dollar policy,” Bessent said in an interview on CNBC. “But a strong dollar policy means setting the right fundamentals,” he said. “If we have sound policies, the money will flow in.”