Howard Lutnick, the commerce secretary, suggested government spending should be excluded from data about U.S. economic output.
Related Posts
Wall Street’s Decision Makers Brace for More Chaos After Markets Plunge
The financial titans who backed Trump are now dealing with the fallout from his tariffs. They spent the weekend surveying the damage of last week’s […]
Scott Bessent Accuses IMF and World Bank of ‘Mission Creep’
Treasury Secretary Scott Bessent argued in a speech that the multilateral economic institutions have veered away from their missions.
Trump Has Added Risk to the Surest Bet in Global Finance
Shocked by Trump’s trade war, foreign investors are selling U.S. government bonds, long the world’s safe haven.