US Treasury Secretary Scott Bessent stated on Friday that President Donald Trump remains committed to a strong dollar policy, despite the currency’s drop to a four‑year low at the end of January. His comments came after Trump described the dollar’s weakness as “excellent,” which sparked mixed interpretations of the administration’s stance on currency policy.

Bessent explained the administration’s approach to the strength of the dollar through the lens of US investment attractiveness. “The strong dollar policy is, are we doing the things to create a strong backdrop for the dollar?” the Treasury secretary clarified. He emphasized that fiscal, trade, and energy policies, along with deregulation and the restoration of sovereignty over critical mineral resources, are aimed at making the United States the best place for capital in the world.

According to Bessent, no one has handled this task better than President Trump. According to the official, the administration’s economic policies focus on enhancing the appeal of dollar-denominated assets, which will ultimately support the currency’s strength. This statement aims to reassure investors amid growing concerns regarding conflicting signals emanating from the White House regarding the dollar’s trajectory.