Bessent’s Davos Drive: Calming Markets Amid Greenland Gales
TL;DR Summary
At Davos, Treasury Secretary Scott Bessent positions himself as Trump’s market whisperer, framing Greenland threats as a national emergency and urging investors to stay calm, while privately guiding a discreet Fed chair search and helping the administration ride volatility as markets briefly fell on tariff talk but recovered by week’s end.
- How a fiery Scott Bessent calmed market nerves over Greenland CNN
- On Greenland, Europe stood up, Trump blinked, and the E.U. learned a lesson The Washington Post
- Denmark Owns $10 Billion in Treasuries. It Isn’t Completely ‘Irrelevant.’ Barron's
- Trump’s Turnabout on Greenland Shows the Limits of His Coercive Powers The New York Times
- What the Greenland Crisis Teaches Europe About Trump The Atlantic
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