DAVOS, Switzerland, Jan 20 (Reuters) - U.S. Treasury Secretary Scott Bessent expressed confidence on Tuesday that the United States and European countries will find a solution ​over the U.S. administration's aim to take over Greenland, brushing off "hysteria" about ‌a possible trade war.

The US Treasury secretary has dismissed the EU’s ability to quickly agree a forceful response to Donald Trump’s Greenland-related tariffs, predicting the bloc would likely form “the dreaded European working group” rather than take rapid action.

I believe that it is very unlikely that the Supreme Court will overrule a president’s signature economic policy,” Bessent told NBC on Sunday.

Speaking at the World Economic Forum in Davos Tuesday, Treasury Secretary Scott Bessent dismissed suggestions that European leaders were considering dumping U.S. Treasurys or imposing retaliatory tariffs over Greenland.

WASHINGTON, Jan ‌20 (Reuters) - ​President ‌Donald Trump ​may reach ‍a decision ​on ​the next ⁠chairman of the U.S. Federal Reserve ‌as early as ​next week, ‌U.S. ‍Treasury Secretary Scott ⁠Bessent said on Tuesday. "We are now ​down to four candidates" and Trump has talked to all of them, Bessent said in ​a CNBC interview.

Treasury Secretary Scott Bessent rejected what he described as the “false choice” between annexing Greenland and the future of NATO on Sunday. In an interview on NBC News’s “Meet the Press,”

Global stock markets slid as US Treasury Secretary Scott Bessent urged calm over President Trump’s Greenland tariff threats. Gold and silver hit record highs while investors brace for volatility.

Secretary of Treasury Scott Bessent has been married to his husband since 2011. The couple has two children through surrogacy.