Obama Secretary of Treasury

Fmr. Treasury Secretary Summers says there is a 50% chance of recession

Lawrence Summers warns of a near 50% U.S. recession risk in 2023, citing policy uncertainty, tariffs, and protectionism.

Business Insider · 1d

Why Former U.S. Treasury Secretary Summers Sees a 50% Recession Risk

Former U.S. Treasury Secretary Lawrence Summers thinks there’s an almost 50% that the U.S. will enter into a recession this year. He believes

Bloomberg on MSN · 1d

Summers Sees Near 50-50 Chance of a Recession This Year

Former Treasury Secretary Lawrence Summers said there’s almost a 50-50 likelihood of the US tipping into a recession this year due to a range of policy steps from the Trump administration that are undermining confidence.

CNN on MSN · 2d

Larry Summers: ‘Real possibility’ of recession

Former US Treasury Secretary Larry Summers weighs in on the possibility of a recession as concerns about President Donald Trump’s economic policy led to a widespread market selloff on Monday.

4don MSN

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, ...

9dOpinion

What Big-Business Leaders, Including Democrats, Say Privately About Trump

Over lunch last week with a friend of mine — a major technology investor who has been an ardent Democrat — the talk quickly ...

5don MSN

U.S. Treasury secretary says to brace for economic pain. One economist thinks he’s underselling the fallout.

Treasury Secretary Scott Bessent says the country will go through an adjustment period after getting hooked on government ...

The Associated Press on MSN9d

Treasury ends enforcement of business ownership database meant to stop shell company formation

(AP Photo/Jose Luis Magana, File) Treasury Secretary Scott Bessent appears for an interview with FOX Business Network’s ...

13d

Trump on a $250 bill? GOP lawmaker's currency proposal faces roadblock

A Republican congressman wants to create a new $250 U.S. dollar bill featuring Donald Trump’s face, but the proposal faces an ...

The Independent6d

Trump’s Treasury Secretary claims cheap goods are ‘not the essence of the American Dream’

Scott Bessent, United States Secretary of the Treasury, speaks at an Economic Club of New York. He said ‘cheap goods is not the essence of the American Dream’ (AP) “To the extent that ...

NBC 10 Philadelphia6d

U.S. will collapse Iran's economy by shutting down its oil industry, Treasury secretary says

The Trump administration aims to slash Iran's oil exports to a trickle, Treasury Secretary Scott Bessent ... negotiated by former President Barack Obama. Why Tesla's stock is unraveling and ...

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