Larry Summers, who served as Treasury Secretary under Bill Clinton and as director of the National Economic Council in the Obama Administration, took to X, the social media platform formerly known as Twitter,

Scott Bessent last month admitted “there are no guarantees” the U.S. won't plunge into a recession under Donald Trump.

Treasury Secretary Scott Bessent encouraged countries around the world to refrain from retaliating against the U.S. in light of President Trump’s reset of tariff policy, arguing the administration