Speaking to bankers in Washington, D.C., on Wednesday, Treasury Secretary Scott Bessent said that President Donald Trump is focusing his policy “on Main Street,” adding that small businesses have been overlooked while “Wall Street has grown wealthier than ever before.”
Bessent made the remarks at the American Bankers Association Summit, discussing Trump’s economic policy and tariffs as global markets respond to the president’s tariff rollout. Following Trump’s “Liberation Day” tariffs announcement last Wednesday, U.S. stocks immediately dipped and have yet to recover as anxiety persists on Wall Street.
The treasury secretary began his speech by emphasizing the importance of Main Street over Wall Street, arguing that Trump “understands that national strength comes from the ground up, not from the top down, and this concept applies to good government just as it does…
