Breaking News: Treasury Chief Dismisses Denmark Amid Greenland Dispute

Описание: Breaking News: The U.S. Treasury secretary publicly dismisses Denmark as tensions escalate over President Donald Trump’s effort to assert U.S. ownership of Greenland, drawing international attention at the World Economic Forum in Davos. Speaking on the sidelines of the summit, Treasury Secretary Scott Bessent rejects concerns about European retaliation through U.S. government debt markets and responds to criticism from European and American leaders.

This report details the latest developments surrounding comments made by Treasury Secretary Scott Bessent during the World Economic Forum in Davos, Switzerland, as global political and financial leaders gathered ahead of President Donald Trump’s delayed arrival. Bessent addressed reports suggesting that Denmark’s pension funds and other European investors could reduce their holdings of U.S. Treasury bonds in response to the administration’s position on Greenland. He stated that Denmark’s investment in U.S. government debt totals less than one hundred million dollars and emphasized that Danish institutions have been selling Treasuries for years, adding that he is not concerned by the prospect of further reductions.

The Treasury secretary also responded to reporting linked to a Deutsche Bank research note that raised questions about European willingness to continue buying U.S. government debt amid the Greenland dispute. According to Bessent, the chief executive officer of Deutsche Bank contacted him directly to say the bank does not stand by the conclusions of that report. Bessent criticized what he described as false reporting by major media outlets and said the concerns had been overstated.

As the dispute unfolded, European leaders addressed the issue at the World Economic Forum. French President Emmanuel Macron spoke of preferring respect and the rule of law, while European Commission President Ursula von der Leyen warned of an unflinching response to potential U.S. tariffs on European countries opposing the Greenland effort. Treasury Secretary Bessent described those remarks as inflammatory and urged leaders to wait for President Trump to present his case.

The report also covers President Trump’s delayed arrival in Davos due to an issue with Air Force One, as well as exchanges between Bessent and California Governor Gavin Newsom following comments made at the forum. The Greenland dispute has now drawn in U.S. cabinet officials, European leaders, and prominent American political figures, becoming a central topic of discussion at one of the world’s most influential economic gatherings.

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