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Scott Bessent: “38% of American households don't own stocks or have any…”

Featuring: Scott Bessent, Republican | Secretary of the Treasury | National

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Paul Gigot in Conversation with U.S. Treasury Secretary Scott Bessent

Published | Video Starts at 10:24

I know you're not called the Main Street Journal. So but you know, we're focused on Main street for right now. And you know, I think that group has done well. 38% of American households don't own stocks or have any participation in the equity market. But that means 62% of the public does. They do and they've done really well. All right, let me talk and the I'm just going to point out that the, the S and P is now higher today but was effective yesterday morning. (10:24–10:31)

CLAIM

Asserts that 38% of American households do not participate in the stock market.

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