‘There are no guarantees’: Scott Bessent won’t rule out a recession
He also said he isn’t worried about stock market turbulence, following the worst week in the market in two years.
He also said he isn’t worried about stock market turbulence, following the worst week in the market in two years.
The normally bullish Trump over the weekend declined to rule out the possibility of a full-blown recession as his tariff policies threaten to spark a massive global trade war.
“I hate to predict things like that,” Trump said when pressed about the possibility of a recession during a recorded interview that aired on “Sunday Morning Futures with Maria Bartiromo.
Trump imposing new tariffs on top of broader policy uncertainty will mean a hit to growth. The question is how large of a hit it will ultimately be.
Lina Khan and her allies tried to remake antitrust law. Trump’s team is likely putting an end to that.
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“Everyone is calling it the”—Donald Trump paused while speaking to a crowd at a rally the day before his inauguration. “I don’t want to say this,” he insisted. “It’s too braggadocious, but we’ll say it anyway—the Trump effect.
During the first Trump administration, when Stephen Miller’s immigration policy proposals hit obstacles in federal court, rumors would circulate about his plans to dust off arcane presidential powers. Government lawyers were wary of overreach; officials in the West Wing and at the Department of Homeland Security would sometimes snicker.
LOL Stephen, they’d say, amused by his creative zealotry.
No one is laughing now.
Democratic state lawmakers are trying to bolster protections, but those efforts are imperiled by legal fights.
Joe and Anthony Russo, better known as the Russo brothers, have enjoyed two of the most lucrative careers in Hollywood. The bulk of their success comes from the features they’ve co-directed for Marvel: Three of those projects, in which they helped turn comic-book characters into icons and “cinematic universes” into a standard practice, are among the 50 highest-grossing movies of all time.
For President Donald Trump, last month’s spat at the White House with Ukraine’s President Volodymyr Zelensky was “great television.” To the rest of us, it was a horrifying realization of our worst fears: a real-time crumbling of the Euro-American alliance, which has been the bedrock of the international order since 1945.
Europeans have recently been discovering a new resolve for standing on their own.
The Social Security Administration is considering drastic new anti-fraud measures that could disrupt benefit payments to millions of Americans, according to an internal memo first obtained by the political newsletter Popular Information. The changes would force millions of customers to file claims in person at a field office rather than over the phone. An estimated 75,000 to 85,000 elderly and disabled adults per week would be diverted to field offices.
Immigrant rights activist Jeanette Vizguerra, who has lived in the U.S. for more than 30 years, was arrested by ICE agents in Colorado on Monday. She was ambushed during her work break by ICE officials and is now being held in a private prison in Aurora. Vizguerra rose to fame during Trump’s first term when she evaded immigration officials by staying in a church basement with her four children and was named one of the 100 most influential people of the year by Time magazine in 2017.
Supreme Court Chief Justice John Roberts issued a rare statement Tuesday criticizing attacks by President Trump and his allies on federal judges. “For more than two centuries, it has been established that impeachment is not an appropriate response to disagreement concerning a judicial decision,” he said. Roberts’s statement came after Trump called for the impeachment of U.S.
The nearly two-month ceasefire in Gaza has been shattered as Israel carries out a second day of intense airstrikes. At least 27 Palestinians were killed in overnight strikes Tuesday night. This comes a day after Israel killed over 400 Palestinians, including at least 174 children. The bombing is “the most savage attack that Gaza has witnessed in over a year,” says Muhammad Shehada, a writer and analyst from Gaza.
They look different, but they underscore the same anxieties.
The most successful Youtuber ever is selling his fame in the form of chocolatey treats.
Don’t wear leggings. Do keep your shoes on.
At his confirmation hearing to run Medicaid, Oz brushed off Democrats’ concerns about cuts Republicans are planning.
The effort is part of the Trump administration’s plan to shrink the federal government.
The memo created by Democratic staff on the Senate Finance Committee comes as Oz is expected to face the panel on Friday for a confirmation hearing.
Sen. Lisa Murkowski shared concerns about his vaccine views before the White House pulled his nomination.
The Waves also discusses the Riverside Church controversy and the case of Sarah Milov.
What we say matters, especially depending on whom we say it to.
The Waves also discusses the case against Jeffrey Epstein and Taffy Brodesser-Akner’s Fleishman Is in Trouble.
He also said he isn’t worried about stock market turbulence, following the worst week in the market in two years.
The normally bullish Trump over the weekend declined to rule out the possibility of a full-blown recession as his tariff policies threaten to spark a massive global trade war.
“I hate to predict things like that,” Trump said when pressed about the possibility of a recession during a recorded interview that aired on “Sunday Morning Futures with Maria Bartiromo.
Trump imposing new tariffs on top of broader policy uncertainty will mean a hit to growth. The question is how large of a hit it will ultimately be.