Latest in Treasury secretary: 'There is no reason we need to have a recession'
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Treasury secretary: 'There is no reason we need to have a recession'
Treasury Secretary Scott Bessent on Tuesday sought to mitigate concerns about the state of the economy, after saying this weekend that “there are no guarantees” when it comes to a recession. In an ...The Hill - 8h -
‘There Are No Guarantees,’ Treasury Secretary Says of Recession
Scott Bessent could not guarantee that the economy is recession-proof.Inc. - 2d -
Treasury Secretary Bessent says a 'detox' period for the economy does not have to be a recession
The Trump administration is aiming for a "smooth transition" as it looks for ways to cut government spending.CNBC - 5d -
Bessent says 'there are no guarantees' when it comes to recession
Treasury Department Secretary Scott Bessent said on Sunday that “there are no guarantees” when it comes to a recession. “Mr. Secretary, can you guarantee the American people here and now that there ...The Hill - 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 - Mar. 7 -
Treasury Sec. Bessent: ‘There are no guarantees’ that there won’t be a recession
In an exclusive interview with Meet the Press, Treasury Sec. Scott Bessent reacts to fears of a recession happening as the Trump administration enacts sweeping tariffs on U.S. trading partners.NBC News - 2d -
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 - Mar. 11 -
Trump on Greenland: 'We really need it for national security'
During a meeting with NATO Secretary General Mark Rutte, President Trump was asked about the possibility of annexing Greenland and claimed it would be needed for "national security."NBC News - 5d -
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 - 6d -
"We need the energy of Montilivi"
“Valencia are getting a better version of themselves. They have more control of the ball and are getting into the attacking area more easily. The keys to the game, as always, are to be ...Yahoo Sports - 4d -
We don’t need the Consumer Financial Protection Bureau — we have courts
President Trump has dropped several cases filed by the Consumer Financial Protection Bureau, leading to calls for 1 million lawyers to help consumers instead of a government agency.The Hill - 3d -
The Dollar Just Took a Hit, Thanks to Worries About Trump’s Trade Wars
Treasury Secretary Scott Bessent said over the weekend there were ‘no guarantees’ there will not be a recession in the U.S.Inc. - 1d -
Treasury Secretary Scott Bessent "not concerned" about market volatility
Treasury Secretary Scott Bessent is trying to reassure the public about the state of the economy amid recent market struggles following President Trump's tariff threats. David Wessel, Brookings ...CBS News - 5d -
Treasury Department Secretary says he’s 'not worried about the markets'
Treasury Department Secretary Scott Bessent said on Sunday that he is “not worried about the markets” after a rough week for the stock market. “I can tell you that corrections are healthy, they’re ...The Hill - 2d -
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 - 6d -
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 - 6d -
Treasury Secretary Scott Bessent says he's 'not at all' worried amid stock market sell-off
Treasury Secretary Scott Bessent said he was "not at all" worried about the stock market, which has dipped multiple times amid Trump's tariff threats.NBC News - 2d -
How close are we to a recession, and how will we know when we get there?
Here's how economists identify a recession, and where the U.S. economy currently stands amid market turmoil caused by tariff threats.CBS News - 3h -
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. - Mar. 7 -
Are we heading into a recession? Here's what the data shows
With stocks sliding into correction territory in the last week, a question emerges: Is a recession next? Here's what the data and expert economists say.NBC News - 1d -
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 - Mar. 9 -
Trump's Treasury chief on 200% EU tariff threat: 'Not sure why that's a big deal' for markets
Treasury Secretary Bessent did not answer when CNBC asked if Trump's announcement was "premeditated," or whether the Cabinet secretary knew about it in advance.CNBC - 5d -
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 - Mar. 9 -
'We don't need a Gail's' - the coffee shop boom dividing locals
The controversial cafe chain is expanding outside London but locals often have mixed feelings.BBC News - Mar. 9 -
Democrats need to stop infighting 'as quickly as we can': Sen. Whitehouse
Democratic Sen. Sheldon Whitehouse said Republicans forced Democrats to have to choose between supporting a funding bill or enduring more cuts to the federal government.ABC News - 2d -
Department of Education offices closed Wednesday for 'security reasons'
The Department of Education told staff in an email Tuesday that its offices would be closed Wednesday for “security reasons.” The email, obtained by NewsNation, said workers needed to leave the ...The Hill - Mar. 11 -
Van Jones on Democrats' 'volcanic anger' with Schumer: 'We need alpha energy'
CNN political commentator Van Jones weighed in on the “volcanic anger” Democrats have with Senate Minority Leader Chuck Schumer (D-N.Y.) after he voted to advance the GOP-backed spending bill, ...The Hill - 3d -
A reason to root for each driver, a question facing every team
Before the season kicks off, we bring you a reason to root for all 20 drivers, and the issues facing all 10 teams.ESPN - Mar. 10 -
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 - Mar. 10 -
Ontario premier says he needs 'to sit down as quickly as possible' with Trump on tariffs
Ontario Premier Doug Ford said Monday that he needs "to sit down as quickly as possible" with President Trump regarding tariffs. ‘We're seeing inflation happening already, and it's unnecessary. We ...The Hill - Mar. 10 -
Late Night Takes Shots at Trump’s Liquor Tariff Threat
Jimmy Kimmel pointed to the irony of President Trump “making it very expensive to get drunk. He’s the reason we need to get drunk!”The New York Times - 4d -
Tariffs have raised the probability of a U.S. recession to around 35%: Pimco
There is a "maybe 35% probability" that the U.S. will enter a recession this year, says Alec Kersman, managing director and head of Asia-Pacific at Pimco.CNBC - 6d -
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 - Mar. 11 -
BofA says this tech stock can work even in a recession. We just bought more shares
Salesforce should be able to continue to grow despite the impact of tariffs and a possible recession.CNBC - 6d -
Treasury yields end lower as tariff fight intensifies and government shutdown looms
Bond yields finished lower Thursday, as investors faced the prospect of a potential U.S. government shutdown and Treasury Secretary Scott Bessent said the White House was more focused on the ...MarketWatch - 5d -
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 - Mar. 9 -
My boyfriend wants us to move in together – but I need my independence and his dog won’t let us have sex
I used to struggle with living alone, but now I’m thriving. Should I give it all up?. My boyfriend and I are in our late 50s. He never married and doesn’t have kids, while I am divorced with ...The Guardian - Mar. 11 -
Amorim: We 'need to help' Fernandes win titles
Ruben Amorim has said Manchester United "need to help" Bruno Fernandes win trophies after the Portuguese midfielder scored a hat trick to earn a place in the last eight of the Europa League.ESPN - 4d -
My husband has dementia and will need care. Will Medicaid go after my money if I use it to pay off our mortgage?
“We still have around $300,000 left on our mortgage.”MarketWatch - 1d -
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 - Mar. 10