How a fiery Scott Bessent calmed market nerves over Greenland [Yahoo! Finance]
BRC Group Holdings, Inc. (RILY)
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Source: Yahoo! Finance
Secretary dismissed Denmark as “irrelevant” amid President Donald Trump's demands that the country sell Greenland. He mocked California Gov. Gavin Newsom, who was also in Davos and had called Bessent smug by saying he's, “Patrick Bateman meets Sparkle Beach Ken.” Bessent defended Trump's desires to acquire Greenland, in an appearance on CNBC , claiming it was important to national security that it be controlled by the US. He accused Federal Reserve Chairman Jerome Powell of “trying to put his thumb on the scale” by attending a Supreme Court argument over Trump's attempt to fire Fed Governor Lisa Cook, though Bessent himself had attended the high court's tariff arguments last fall. And during a panel discussion with Fox News' Maria Bartiromo, he told European officials — and perhaps more importantly investors — not to overreact to Trump's threats to use tariffs to coerce a sale of Greenland. “I'd tell everyone to sit back, take a deep breath — do not retaliate,” Bessent said, rep
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