U.S. Treasury Secretary Janet Yellen stated that she is not concerned about the recent fluctuations in the U.S. stock market, and that the economy undergoing a "detox period" does not necessarily indicate a recession

U.S. Treasury Secretary Becerra stated that he is not worried about the recent fluctuations in the U.S. stock market, believing that the "detox period" the economy is experiencing does not necessarily indicate a recession. He emphasized that the medium- to long-term returns of the market are the focus of the Trump administration. Becerra pointed out that the speed of economic transformation will determine whether a recession will occur and expressed concern for the real economy rather than short-term stock market fluctuations. At the same time, he warned that failing to pass the spending bill would have "extremely destructive" effects on the economy