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Trump Administration Moves to Soothe Market Jitters

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Playbook: “Treasury Secretary Scott Bessent will seek to reassure global markets this morning as the White House shifts to full-on defense-mode on the economy. Bessent — basking in his role as the Trump administration’s reassurer-in-chief — will discuss ‘the state of the global financial system’ in a keynote speech at 10 a.m., part of the weeklong IMF and World Bank spring meetings.”

“Given the economic backpedalling we’ve seen from President Donald Trump and co. these past 24 hours, you can guess what type of message he’ll be looking to send.”

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About Political Wire

Taegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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