{"id":1052456,"date":"2025-04-09T14:37:00","date_gmt":"2025-04-09T18:37:00","guid":{"rendered":"https:\/\/democrats.org\/?p=1052456"},"modified":"2025-04-09T15:13:51","modified_gmt":"2025-04-09T19:13:51","slug":"shot-chaser-trumps-treasury-secretary-says-economy-in-pretty-good-shape-while-trump-tanks-the-stock-market","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/shot-chaser-trumps-treasury-secretary-says-economy-in-pretty-good-shape-while-trump-tanks-the-stock-market\/","title":{"rendered":"SHOT\/CHASER: Trump\u2019s Treasury Secretary Says Economy \u201cIn Pretty Good Shape\u201d\u2026 While Trump Tanks the Stock Market\u00a0"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

SHOT: Donald Trump\u2019s Treasury Secretary Scott Bessent lies that the economy is \u201cin pretty good shape\u201d\u2026<\/strong><\/p>\n\n\n\n

Axios<\/a>: \u201cTreasury\u2019s Bessent says economy \u2018in pretty good shape\u2019 despite market rout\u201d<\/strong><\/p>\n\n\n\n

\u201cTreasury Secretary Scott Bessent said on Wednesday that the economy was on steady footing, and played down the panic on display in financial markets as a result of the escalating global trade war. \u2026<\/p>\n\n\n\n

\u201cThe comments come hours after President Trump’s reciprocal tariffs took effect, further unnerving investors worried that the economy might take a hit.\u201d<\/strong><\/p>\n\n\n\n

CHASER: \u2026 while businesses and consumers are bracing for a recession thanks to Trump\u2019s reckless agenda.<\/strong><\/p>\n\n\n\n

CNBC<\/a>: \u201cJamie Dimon says a recession is \u2018likely outcome\u2019 from Trump\u2019s tariff turmoil\u201d<\/strong><\/p>\n\n\n\n

\u201cWith the trade war between the U.S. and China intensifying, stocks and bonds sold off aggressively again in morning trade. Stock market futures slumped and bond yields spiked amid concerns over financial and economic stability brought on by the tit-for-tat exchange between the two nations. \u2026<\/p>\n\n\n\n

\u201cRecession fears have been rising on Wall Street as the Trump tariffs spur uncertainty about how far the trade war will escalate.\u201d<\/strong><\/p>\n\n\n\n

CNN<\/a>: \u201cDespite rattled financial markets, threats of retaliation and some of President Donald Trump\u2019s biggest supporters encouraging him to back off<\/strong> his signature economic policy, he didn\u2019t give in.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

SHOT: Donald Trump\u2019s Treasury Secretary Scott Bessent lies that the economy is \u201cin pretty good shape\u201d\u2026 Axios: \u201cTreasury\u2019s Bessent says economy \u2018in pretty good shape\u2019 despite market rout\u201d \u201cTreasury Secretary Scott Bessent said on Wednesday that the economy was on steady footing, and played down the panic on display in financial markets as a result […]<\/p>\n","protected":false},"author":293,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1052456","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"\nSHOT\/CHASER: Trump\u2019s Treasury Secretary Says Economy \u201cIn Pretty Good Shape\u201d\u2026 While Trump Tanks the Stock Market\u00a0 - Democrats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/democrats.org\/news\/shot-chaser-trumps-treasury-secretary-says-economy-in-pretty-good-shape-while-trump-tanks-the-stock-market\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:site_name\" content=\"Democrats\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-09T18:37:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-09T19:13:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/democrats.org\/wp-content\/uploads\/2025\/01\/Black-Logo-White-Fill-For-Email.png?w=1024\" \/>\n<meta name=\"author\" content=\"Shelby Reese\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Shelby Reese\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/democrats.org\/news\/shot-chaser-trumps-treasury-secretary-says-economy-in-pretty-good-shape-while-trump-tanks-the-stock-market\/\",\"url\":\"https:\/\/democrats.org\/news\/shot-chaser-trumps-treasury-secretary-says-economy-in-pretty-good-shape-while-trump-tanks-the-stock-market\/\",\"name\":\"SHOT\/CHASER: Trump\u2019s Treasury Secretary Says Economy \u201cIn Pretty Good Shape\u201d\u2026 While Trump Tanks the Stock Market\u00a0 - 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