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.
Read more at NBC News
-
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 - 7h -
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 - 1h -
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 -
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 - 22h -
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 -
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 - 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 -
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 - 7h -
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 -
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 - 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 - 4d -
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 - 18h -
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 - 3h -
US energy industry’s climate retreat is putting profits over people, advocates say
Oil giants retreat on climate pledges, embrace Trump-era fossil fuel policies at CERAWeek in Texas. At a major oil and gas conference in Texas this week, companies publicly retreated from their ...The Guardian - 6h -
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 - 5d -
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 - 14h -
Tom Lee calls Monday’s stock-market tumble an overreaction. What to watch now.
Tom Lee, one of the more optimistic voices on Wall Street, says that the stock-market drop on Monday was an overreaction as he points to key events this week that could stabilize indexes.MarketWatch - 1d -
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 - 4h -
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 - 5d -
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 -
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 - 2d -
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 -
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 -
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 Australian PM Malcolm Turnbull says leaders must stand up to bullies after being lashed by Donald Trump
US president’s late-night social media post came after Turnbull criticised Trump’s leadership as ‘chaotic’. Ex-Tropical Cyclone Alfred LIVE: latest news and updates Get our breaking news email ...The Guardian - 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 -
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 - 22h -
More than 1,000 people killed in two days of clashes in Syria, war monitor says
About 745 civilians among those killed in fighting in Latakia province between security forces and fighters loyal to former president Assad. More than 1,000 people, including 745 civilians, were ...The Guardian - 3d -
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 -
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 -
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 makes new Mexico, Canada tariffs threat as UAW leader backs his policy
Shawn Fain, the president of the United Auto Workers union, is backing President Trump's tariffs strategy. This comes as President Trump says tariffs against Canada and Mexico could rise in the ...CBS News - 2d -
A Tariff Tantrum: the Upheaval from Trump’s Trade Policies
Corporate chiefs see “chaos,” and investors see red as the effect of President Trump’s shifting trade policy begins to weigh on board rooms and trading rooms.The New York Times - 5d -
Shooting at Toronto pub wounds at least 12 people, police say
Canadian police say a dozen people were injured in a shooting at a pub in eastern TorontoABC News - 4d -
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 -
Trump says Education Dept. shouldn't handle student loans: 'Not their business'
It's a major challenge to the Trump administration's plans to dismantle the Education Department: How to transfer the loan accounts of over 40 million people.CNBC - 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 - 1d
More from NBC News
-
Senate Democrats say they will reject GOP's funding bill as shutdown draws near
After meeting with his conference, the Senate minority leader said "Republicans do not have the votes" to advance the House-approved measure, which requires 60 to pass.NBC News - 2h -
Canada hits U.S. with $21 billion of retaliatory tariffs as global trade war heats up
The first shots of President Donald Trump’s global trade war have been fired.NBC News - 8h -
Price growth cooled more than expected in February, before Trump ramped up tariffs
The president took office promising to immediately lower inflation, but economists say his expanding trade war threatens progress on price hikes.NBC News - 13h -
Education Department guts its workforce as it looks to wind down agency
Around 3,000 people work in the department's Washington headquarters, and roughly 1,000 are staffed in 10 regional offices across the country.NBC News - 23h -
For 20 years, this school had no idea there was a dinosaur fossil right outside
Students at a school in Australia studied next to a boulder without realizing it was a fossil of 66 footprints from 47 dinosaurs from 200 million years ago.NBC News - 6h
More in Top stories
-
Trump administration says handling of USAID documents 'did not violate' federal laws
A USAID directive to destroy classified documents had been "seriously misapprehended," Trump administration attorneys wrote in a court filing Wednesday.ABC News - 10m -
Bondi's deadline passes on finding 2nd amendment violations of Biden's actions
Attorney General Pam Bondi is looking into whether Biden administration policies infringe on Americans' right to bear arms.ABC News - 11m -
Steel and aluminum tariffs could cause price broad price hikes
Here are some of the products that are likely to cost more under President Trump's 25% tariffs on all steel and aluminum imports.CBS News - 12m -
6 American prisoners in Kuwait released, land back in US, representative says
The Americans, many of whom are veterans and former military contractors, were convicted on drug charges, a representative for their families told ABC News.ABC News - 12m -
EPA workers silenced as agency cancels hundreds of grants
EPA staffers have been told they are prohibited from communicating with grantee partners they are supposed to monitor, according to multiple sources inside the agency.ABC News - 14m