Latest in Former Treasury secretary on Trump's tariffs: 'People are overreacting a bit'
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Former Treasury secretary on Trump's tariffs: 'People are overreacting a bit'
Former Treasury Secretary Steve Mnuchin believes that the economy is not in trouble and that people are overreacting to the new administration's policy changes.The Hill - 9h -
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 - 12h -
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 - 15h -
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 -
Treasury’s Bessent Defends Tariffs, Warns of a Coming ‘Detox Period’
The Treasury Secretary says that “access to cheap goods isn’t the essence of the American Dream.” But being profitable to grow and sustain a business is.Inc. - 5d -
Trump economic team’s effort to calm recession fears falls flat
Calling bad news a temporary phenomenon didn’t work out well for Biden and it won’t for Trump, former Treasury Secretary Larry Summers said.MarketWatch - 11h -
Former Obama-era Education secretary says Trump cuts are "morally and educationally bankrupt"
The Trump administration is cutting the Education Department's workforce in half. Arne Duncan, who served as secretary of education under former President Barack Obama, joins "The Daily Report" to ...CBS News - 8h -
Senate confirms Lori Chavez-DeRemer as labor secretary in bipartisan vote
Democrats joined Republicans in confirming former GOP Rep. Lori Chavez-DeRemer as President Trump's labor secretary.CBS News - 2d -
Obama-era Education secretary warns Trump against shuttering department
Former Education Secretary Arne Duncan issued President Trump a warning over plans to shutter the Department of Education, decrying "you break it, you own it." Duncan, in an interview with CNN's ...The Hill - 4d -
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 - 1d -
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 - 1d -
Trump adding copper to trade protections, Commerce secretary says
Commerce Secretary Howard Lutnick said President Trump plans to introduce steep tariffs on copper imports after he directed Cabinet officials to investigate the country’s ability to rely on its ...The Hill - 12h -
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 -
Watch Energy Secretary Chris Wright speak live about Trump's energy agenda
Wright is member of Trump's National Energy Dominance Council, the former CEO of Liberty Energy and a former board member of the nuclear startup Oklo.CNBC - 2d -
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 - 1d -
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 - 2d -
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 -
Stephen Moore: Tariffs 'are not a pick-me-up' for economy
President Trump’s former economic adviser, Stephen Moore, criticized the president’s approach to tariffs, saying the strategy does not provide the boost the already “wobbly” U.S. economy needs. “I ...The Hill - 2d -
Noem aware Mexican, Canadian leaders have own 'political environments,' but Trump 'means business' on tariffs
Department of Homeland Security Secretary Kristi Noem said on Sunday that she knows Mexican and Canadian leaders have their own “political environments” but that President Trump “means business” on ...The Hill - 3d -
U.S. could reach deal with Canada that avoids oil and gas tariffs, energy secretary says
Energy Secretary Chris Wright said the U.S. could strike a deal that spares Canadian oil and gas from tariffs, but "it's too early to say."CNBC - 2d -
Book Review: ‘Careless People,’ by Sarah Wynn-Williams
“Careless People,” a memoir by a former Facebook executive, portrays feckless company leaders cozying up to authoritarian regimes.The New York Times - 2d -
Labour councillor guilty of indecent exposure should quit, says health secretary
The health secretary calls for his former aide to resign after the aide admitted indecent exposure.BBC News - 15h -
AP reporter spars with White House over tariffs
White House press secretary Karoline Leavitt on Tuesday clashed with a reporter with The Associated Press over President Trump’s use of tariffs after granting the outlet a rare question during a ...The Hill - 1d -
Larry Summers: Odds of a recession 'close to 50/50'
Former Treasury Secretary Larry Summers said Monday that the odds of a recession are “close to 50/50.” “I told [Kasie Hunt] @CNN today, I think there is a real possibility of a recession,” Summers ...The Hill - 2d -
Short-term Treasury yields remain near mid-October lows as investors await CPI report and more tariff talks
Bond yields ended higher Tuesday as investors monitored the tariff front, awaited a key inflation report out Wednesday and stayed on guard about a slowing U.S. economy.MarketWatch - 1d -
Are there benefits to Trump's tariffs?
America's largest primary aluminum producer, Century Aluminum, applauded Trump's reinstatement of a 25% tariff on aluminum imports.The Hill - 18h -
Trump, Ontario ease tariff threats
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump nixes plans for tariffs on Canadian steel President Trump scrapped plans ...The Hill - 1d -
Trump floats 250% tariff on dairy from Canada
Jerome Powell's remarks came as Trump threatened new tariffs on Canada.ABC News - 5d -
U.S. makes concession, dropping additional 25 percent tariff on steel & aluminum: Ontario premier
Ontario Premier Doug Ford joins Meet the Press NOW to discuss his decisions to lift the 25% surcharge on electricity exports after speaking with Commerce Secretary Howard Lutnick. It comes after ...NBC News - 1d -
Trump administration briefing: education department to be halved as Trump walks back Canada tariffs
Education secretary Linda McMahon describes layoffs as ‘significant step towards restoring greatness’ – key US politics stories from Tuesday at a glance. The US Department of Education intends ...The Guardian - 1d -
Education secretary: Mass layoffs first step toward total shutdown
Education Secretary Linda McMahon affirmed late Tuesday that mass layoffs are the first step toward shuttering the Education Department — a long-time goal of President Trump's since his time on the ...The Hill - 18h -
What are tariffs and why is Trump using them?
Tariffs are a central part of Trump's political vision, but economists fear they could spark a trade war.BBC News - 18h -
Trade war escalates as Trump pledges more tariffs
Trump repeated trade threats after the European Union and Canada retaliated to US steel and aluminium tariffs.BBC News - 8h -
Trump says McMahon made decisions on mass layoffs at Education Department
President Trump on Wednesday said Education Secretary Linda McMahon was behind the mass layoffs at the agency, not mentioning tech billionaire Elon Musk while defending the overhaul. “When we cut— ...The Hill - 12h -
‘Calm today, but turbulence ahead’: U.S. job openings show stable labor market ahead of Trump job cuts and tariffs
Job openings in the U.S. rose slightly in January, but far fewer companies are hiring compared with a few years ago, and it’s taking people a lot longer to find work.MarketWatch - 1d -
Young people who aspired to government service dismayed by end of fellows program
Young people who aspired to federal government service are dismayed by President Donald Trump ending a program created to entice highly qualified workers to join the governmentABC News - 2d -
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 -
Senate Republican says Musk ‘does not have the power to fire people’
Sen. Rick Scott (R-Fla.) said Sunday that tech billionaire Elon Musk “does not have the power to fire people.” "Elon Musk does not have the power to fire people. The president of the United States ...The Hill - 3d -
Canadians drop their politeness in the wake of Trump's tariffs
President Donald Trump’s tariffs on Canadian goods are eroding the inherent politeness of Americans’ northern neighbors and rallying them around their own flag.NBC News - 5d -
Trump’s approach to Ukraine could be 'very worrying' for Russia’s neighbors, former UK PM Cameron says
Former U.K. Prime Minister David Cameron on Thursday said he is fearful that U.S. President Donald Trump's approach to Ukraine could set an alarming precedent.CNBC - 3h