PolitiQuote

Discover video-sourced quotes by politicians

Scott Bessent: “Shadow banking is not having a systemic problem.”

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

Watch on YouTube

Scott Bessent: Inside Trump's Treasury; War Costs; & Why Bond Market is King

Published | Video Starts at 39:07

And again, we're seeing use Britishism, some wobbles. And as we see these wobbles here, there's nothing that tells me that Shadow banking is not having a systemic problem. But we are monitoring any relationships between the regulated entities. Let's move on to the special relationship and developments there. We've touched on this already. (39:07–39:18)

CLAIM

Asserts that the shadow banking system is not currently experiencing systemic issues.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


Scott Bessent

Discover more from

Scott Bessent

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.