Larry Summers slammed Treasury Secretary Scott Bessent for making “ludicrous” claims that Chinese producers will bear the ...
Former Treasury Secretary Lawrence Summers said there’s almost a 50-50 likelihood of the US tipping into a recession this year due to a range of policy steps from the Trump administration that are ...
Tuesday wasn’t faring much better with the Dow down more than 400 points shortly after opening. Larry Summers, who was part of Bill Clinton’s cabinet, warned that recession chances in the U.S. are now ...
Lawrence Summers warns of a near 50% U.S. recession risk in 2023, citing policy uncertainty, tariffs, and protectionism.
Former Treasury Secretary Lawrence H. Summers is one of America’s leading economists. In addition to serving as 71st Secretary of the Treasury in the Clinton Administration, Dr. Summers served as ...
Summers was also U.S. Treasury secretary during the Clinton administration and is currently the Charles W. Eliot University Professor at Harvard. According to the student newspaper, The Stanford Daily ...
The chances of a recession in the U.S. are “close to 50/50,” Bill Clinton’s former treasury ... was really unlikely this year,” Larry Summers told CNN. “Now it’s getting close to ...