Americans should ‘absolutely not’ brace for recession despite bank warnings: Commerce secretary

Read more at NBC News
-
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 - 4h -
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 - 6h -
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. - 1d -
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 - 1d -
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 - 6h -
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 - 6h -
The US economy is heading for recession
Donald Trump’s policy agenda is sapping American animal spiritsFinancial Times - 8h -
Despite Rising Inflation, Restaurants Are Having a Big Winter
January and February are usually the doldrums for dining, but Americans have been eating out, and spending, with gusto.The New York Times - 1d -
Trump Declines to Rule Out Recession as Tariffs Begin to Bite
President Trump said that Americans would be better off in the long run from his tariffs, which he said would prevent the country from being “ripped off.”The New York Times - 1h
More from NBC News
-
Trump wants to see more than just a minerals deal to restart aid and intel to Ukraine
As U.S. and Ukrainian officials prepare to meet in Saudi Arabia this week, President Donald Trump has privately made clear to aides that a signed minerals deal between Washington and Kyiv won’t be ...NBC News - 9h -
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 - 6h -
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 - 6h -
Democrats need ‘new voices’ in fight against Trump, says Sen. Slotkin
In an exclusive interview with Meet the Press, Sen. Elissa Slotkin (D-Mich.), who delivered the Democratic response to President Trump’s joint address, says Democrats are still “finding our ...NBC News - 6h -
Speaker Johnson unveils bill to avert government shutdown
House Speaker Mike Johnson has unveiled a new short-term funding bill that would avert a potential government shutdown. In order for the bill to pass, it must have bipartisan support. NBC’s Yamiche ...NBC News - 8h
More in Politics
-
Germany’s political upheaval and the transatlantic alliance’s uncertain future
Germany has emerged from its recent election with a grand coalition of the center-right CDU/CSU and the Social Democratic Party likely, but the rise of the far-right AfD party and its ...The Hill - 36m -
Live updates: Trump says he hates to 'predict things like that’ when asked if he expects a recession
House Republicans on Saturday unveiled a 99-page, six-month stopgap funding bill to avert a government shutdown and increase defense funding while seeking cuts for nondefense programs, which will ...The Hill - 46m -
Israel says it will cut off electricity to Gaza Strip
Israel said Sunday that it would be cutting off its electricity supply to Gaza. Israel’s Energy Minister Eli Cohen said he signed an order that would shut off electricity to Gaza “immediately.” ...The Hill - 49m -
Suozzi slams Trump over Ukraine, says Putin shouldn't be awarded for 'awful things' Ukrainians have faced
Rep. Tom Suozzi (D-N.Y.) slammed President Trump over the war in Ukraine on Sunday, also saying that Russian President Vladimir Putin shouldn’t be awarded “for all the awful things that have ...The Hill - 1h -
Schiff: Democrats lacked ‘coordinated response’ to Trump joint address to Congress
Sen. Adam Schiff (D-Calif.) said he thought Democrats lacked a “coordinated response” to President Trump’s joint address to Congress last week. Schiff joined ABC News’s “This Week” on Sunday, where ...The Hill - 1h