Latest in Commerce secretary says Trump's policies are "worth it" even if they lead to recession
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Commerce secretary says Trump's policies are "worth it" even if they lead to recession
President Trump backed off doubling Canadian steel and aluminum tariffs after Ontario suspended a 25% electricity surcharge on several U.S. states. Nancy Cordes talked to Commerce Secretary Howard ...CBS News - 19h -
Lutnick says Trump tariffs 'worth it' even if they lead to recession
Commerce Secretary Howard Lutnick said Tuesday that President Trump’s tariff policies will be worth it, even if the economy ends up in a recession. In an interview that aired Tuesday, CBS News’s ...The Hill - 14h -
3/11: CBS Evening News
Commerce secretary says Trump's policies are "worth it" even if they lead to recession; It's been 5 years since WHO declared COVID pandemicCBS News - 10h -
Lutnick says Trump's policies are "worth it" even if they lead to recession
The president's tariff announcements have rocked the stock markets and fueled concerns of an economic downturn.CBS News - 18h -
Commerce Secretary Howard Lutnick says 'there’s going to be no recession in America'
Commerce Sec. Howard Lutnick said that Americans should "absolutely not" brace for a recession as President Donald Trump plans to implement far-reaching tariffs.NBC News - 3d -
Americans should ‘absolutely not’ brace for recession despite bank warnings: Commerce secretary
In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says Americans should “absolutely not” brace for a recession amid warning signs from major banks like JP Morgan and ...NBC News - 3d -
Commerce secretary says 25% tariffs on steel and aluminum will go into effect Wednesday
During an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick explains which tariffs will take effect and which have been postponed by President Donald Trump.NBC News - 3d -
Trump made clear ‘Elon Musk is your partner’ in Cabinet meeting, says Commerce secretary
In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says that President Trump made clear to his Cabinet that Elon Musk is “a partner” in deciding who and what will be cut ...NBC News - 3d -
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Former Treasury Secretary Steven Mnuchin said Wednesday he believes “people are overreacting a bit” to the policy changes from the current Trump administration.NBC News - 34m -
Energy Secretary Chris Wright vows to reverse Biden climate policies, says renewables can't replace natural gas
"The Trump administration will end the Biden administration's irrational, quasi-religious policies," Wright said at the CERAWeek by S&P Global energy conference.CNBC - 2d -
White House says U.S. is in 'period of economic transition' amid recession fears
White House press secretary Karoline Leavitt told reporters that the U.S. economy was in a "period of economic transition" and criticized the economic policies of the Biden administration amid ...NBC News - 1d -
Commerce Secretary Lutnick defends Trump's tariffs: "Let the dealmaker make his deals"
Market volatility continued Tuesday with major indexes closing in the red as President Trump negotiates tariffs with Canada. CBS News chief White House correspondent Nancy Cordes sat down with ...CBS News - 18h -
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Mnuchin, who served under Trump in the Republican's first term in office, said does not see signs of an imminent slowdown for the U.S. economy.CNBC - 3h -
What the world needs now is more fossil fuels, says Trump’s energy secretary
Chris Wright signals abandonment of Biden’s ‘irrational, quasi-religious’ climate policies at industry conference . The world needs more planet-heating fossil fuel, not less, Donald Trump ’s newly ...The Guardian - 2d -
Trump 'an agent of chaos and confusion,' economists warn — but a U.S. recession isn't in the cards yet
Economists say Trump is proving to be an "agent of chaos" with his unpredictable trade tariff policies but a downturn isn't in the cards just yet.CNBC - 2d -
RFK Jr. says Trump ‘lost 30 pounds’ even with all the ‘crap that he eats’
Health and Human Services Secretary Robert F. Kennedy Jr. suggested President Trump has lost 30 pounds, while commenting on the unhealthy foods the president eats. Kennedy, during an interview with ...The Hill - 4h -
Johnson, House GOP dismiss market turmoil in defending Trump tariff policies
House Speaker Mike Johnson and other Republicans are dismissing stock market turmoil and recession concerns as they defend President Donald Trump's tariff policies.ABC News - 21h -
Evening Report — Shutdown drama unfolds amid recession fears
Presented by National Council on Aging — Congress is rushing to pass a continuing resolution to avoid a government shutdown. {beacon} Evening Report TRUMP FIRST 100 DAYS © Greg Nash Government ...The Hill - 1d -
US will be ‘central’ to climate fight even without Trump, says Cop30 president
André Corrêa do Lago suggests US organisations can play a constructive role even if government limits participation. The US will be “central” to solving the climate crisis despite Donald Trump’s ...The Guardian - 2d -
Treasury Secretary Bessent says economy could be 'starting to roll a little bit'
President Trump's Treasury secretary discussed the U.S. economy and tariffs on "Squawk Box."CNBC - 5d -
3/10: CBS Evening News
U.S. stocks plunge after Trump's comments on potential recession sparks sell-off; Former MLB pitcher Art Schallock dies at 100CBS News - 1d -
US energy secretary criticises climate policy for damaging UK economy
Chris Wright says ‘once mighty’ British steel and chemicals industries have been displaced to AsiaFinancial Times - 2d -
The US economy is heading for recession
Donald Trump’s policy agenda is sapping American animal spiritsFinancial Times - 3d -
Would Trump Risk a Recession?
The president still believes that his protectionist trade policies will be “great for us” in the long run, but won’t rule out short-term economic pain.The New York Times - 2d -
Trump doesn't rule out recession, rising inflation
In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion ...CBS News - 2d -
Trump on if he's expecting recession this year: 'I hate to predict things like that'
President Trump faced a slew of questions about the economic ripple effects of his tariff policy during an interview with Maria Bartiromo on Fox News, including whether he worried about a looming ...The Hill - 3d -
2-year Treasury yield ends at lowest level in 6 months on recession talk
Bond yields dropped sharply on Monday after President Donald Trump over the weekend shrugged off the possibility that his policies would cause a U.S. recession.MarketWatch - 1d -
Powell Says the Fed Is in No Hurry to Adjust Rates Amid Trump Policy Uncertainty
Jerome H. Powell says the Fed is focused on separating “signal from the noise,” as the president whipsaws on tariffs.The New York Times - 4d -
Powell says Fed is awaiting 'greater clarity' on Trump policies before making next move on rates
Powell reiterated statements he and his colleagues have made recently counseling patience on monetary policy.CNBC - 4d -
Lutnick: ‘There’s going to be no recession in America’
Commerce Sec. Howard Lutnick shot down the possibility of a forthcoming recession in America, in an interview on NBC News’s “Meet the Press” on Sunday. “Absolutely not,” Lutnick said when asked ...The Hill - 3d -
'Tariffs break trust': How Trump's trade policy is putting pressure on U.S. farmers
American farmers could ultimately feel even more pain as a result of President Donald Trump's tariffs on Canada, Mexico and China.CNBC - 5h -
Trump’s ‘chaotic’ policy approach is creating opportunity for investors
There could be “quite a shift in the world order,” says Mike Cudzil, a portfolio manager at Pimco.MarketWatch - 4d -
Trump doesn't rule out possibility of recession, Chinese retaliatory tariffs go into effect
President Trump said in a Fox News interview that aired over the weekend that inflation could continue to rise, but he wouldn't say if the U.S. could fall into a recession later this year. ...CBS News - 2d -
Senate confirms Lori Chavez-DeRemer as Labor secretary
The Senate on Monday confirmed former Rep. Lori Chavez-DeRemer (R-Ore.) to lead the Department of Labor, cementing another of President Trump’s nominees in bipartisan fashion. Senators voted 67 to ...The Hill - 1d -
Harvard freezes hiring amid financial 'uncertainties' driven by Trump policies
Harvard University says it is freezing hiring for faculty and staff amid financial “uncertainties” driven by the Trump administration. “Universities throughout the nation face substantial financial ...The Hill - 2d -
Trump’s Tactics Lead Americans to Question Role on World Stage
Among supporters and detractors alike, his transactional approach to foreign policy has upended old notions about the United States as a global leader.The New York Times - 2d -
Secretary of state says 83% of USAID programs are being canceled
USAID has been the target of DOGE, the Elon Musk-helmed agency created in an executive order signed by President Trump on his first day in office.CBS News - 2d -
Stocks slide as Trump warns of US economy 'transition'
Investors are nervous about the possibility of a US recession, say experts.BBC News - 2d -
Ice arrests Palestinian activist who helped lead Columbia protests, lawyer says
Mahmoud Khalil’s arrest comes as Trump vows to deport foreign students involved in protests against Israel’s war. A prominent Palestinian activist who helped lead Columbia University’s student ...The Guardian - 2d -
Is it worth it to get a HELOC rate lock? What the experts say
A HELOC rate lock can provide predictable payments — but may only be worth it in certain cases.CBS News - 1d