Salem Radio Network News Sunday, October 12, 2025

Audio

Trump admin tries to calm nerves after Wall Street losses pile up

Download
The Trump administration is trying to calm rattled nerves after four straight weekly losses on Wall Street. President Trump’s Treasury secretary, Scott Bessent, told NBC’s “Meet the Press” that market “corrections are healthy” and that he’s “not at all” worried. Over the past month amid an escalating trade war and falling consumer confidence, the Nasdaq is down 11 percent, the S&P 500 is off by nearly 8 percent, and the Dow has lost more than 6 and-a-half percent. Bessent insisted that “we are going to have a transition,” not a crisis.
The Media Line News
Salem Media, our partners, and affiliates use cookies and similar technologies to enhance your browsing experience, analyze site traffic, personalize site content, and deliver relevant video recommendations. By using this website and continuing to navigate, you consent to our use of such technologies and the sharing of video viewing activity with third-party partners in accordance with the Video Privacy Protection Act and other privacy laws. Privacy Policy
OK
X CLOSE