Larry Summers blasts ‘ludicrous’ claim by Scott Bessent
Larry Summers is fed up with the tariff defense made by his successor, Treasury Secretary Scott Bessent. Summers, who served ...
Larry Summers slams Treasury Secretary Bessent’s ‘ludicrous’ claim that China will bear brunt of tariffs
The former treasury secretary blasted his successor’s claims that tariffs will not reheat inflation in a series of social ...
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Larry Summers blasts ‘ludicrous’ claim by Scott Bessent
Summers, who served as treasury secretary under President Bill Clinton, blasted Bessent’s claim that Chinese producers will bear the brunt of new US tariffs on imports from China. “This ...
Fmr. Treasury Secretary Summers says there is a 50% chance of recession
Lawrence Summers warns of a near 50% U.S. recession risk in 2023, citing policy uncertainty, tariffs, and protectionism.
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Larry Summers blasts ‘ludicrous’ claim by Scott Bessent
New York (CNN) — Larry Summers is fed up with the tariff defense made by his successor, Treasury Secretary Scott Bessent. Summers, who served as treasury secretary under President Bill Clinton ...
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Fmr. Treasury Secretary Summers says there is a 50% chance of recession
During a Bloomberg TV interview, Summers, who served at the Treasury during the Clinton administration and as National Economic Council director under President Barack Obama, said that the U.S ...