Mr Bell says he's appalled the Unite union is threatening a 12-day strike at the busiest time of the year, when tens of thousands of people rely on public transport.
Unite has said with no resolution in sight it has no option but to take action in the dispute over changes to drivers' contracts.
Mr Bell says a strike during TT has the potential to cause maximum disruption to the economy - but says the Island won't be held to ransom.
The Chief Minister says it's a cynical move:
Government joins Sunflower Hidden Disabilities scheme
Sunflower lanyards are now available at various locations
MHK calls for citizen's jury to look into legalising recreational cannabis
Tynwald to consider motion at May sitting
Teenager's petition calls for more funding for the Island's music service
River Kelly-Brown wants 'equal access to music'
Daily closures on section of TT Course this week
Ballig to Cronk y Voddy to shut for race preparation work