Treasury’s Bessent concedes some parts of the economy are already ‘in recession’

According to Trump’s treasury secretary, the economy isn’t just struggling in some areas — some “sectors” are actually ...

Bessent says high US interest rates may have caused housing recession

Parts of the U.S. economy, particularly housing, may already be in recession because of high interest rates, U.S. Treasury Secretary Scott Bessent said Sunday, repeating his call for the Federal ...
Axios

Bessent: Broader recession possible without more rate cuts

Some portions of the economy are already in a recession, and others could fall into one without more interest rate cuts, ...
Axios on MSN

Bessent: U.S. faces broader recession risk without more Fed cuts

Some portions of the economy are already in a recession, and others could fall into one without more interest rate cuts, ...

Bessent warns ‘sections of the economy’ could go into recession if Fed refuses to lower rates

Treasury Secretary Scott Bessent discusses with CNN’s Jake Tapper a court ordering Trump to use emergency funds to cover SNAP, the administration’s new trade deal with China and whether the U.S.
NewsNation on MSN

Warning signs may point to a looming recession as shutdown continues

Typically, these unofficial indicators and warnings of an economic downturn are paired with government economic data to gauge ...