Bessent's Davos Playbook Quietly Keeps Markets Calm on Greenland

At Davos, Treasury Secretary Scott Bessent acted as the administration’s market whisperer, publicly defending Trump’s Greenland tariff pressure as a national-security lever and urging investors not to overreact, while privately reassuring Wall Street and steering a neutral four-way Fed chair shortlist. His aggressive public stance aimed to show market steadiness even as tariffs fluctuated, helping markets recover after early volatility and underscoring his central role in balancing Trump’s economic agenda with financial-market expectations.