US Treasury Secretary Bessent, on government funding, says the US does not need another shutdown; would like to see the Clarity Act pass before Congress goes home

US Treasury Secretary Bessent, on government funding, says the US does not need another shutdown; would like to see the Clarity Act pass before Congress goes home.

Secretary Bessent's remarks underscore the government's focus on avoiding another funding impasse, which could have significant implications for market stability and investor sentiment. The push for the Clarity Act suggests an intention to enhance fiscal transparency, potentially influencing future policy discussions and market expectations as Congress approaches its recess.