Tag: Larry Summers

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Why I’m Backing President Trump

David Sacks is endorsing Trump to be our 47th President for four main issues he thinks are vital to American prosperity, security, and stability.
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Fitch Downgrades US Credit Rating, Citing Erosion of Confidence in Fiscal Management

The United States has taken a major hit as Fitch Ratings has lowered its Long-Term Foreign-Currency Issuer Default Rating for the country from AAA to AA+.

Recession Odds Rise to Highest in 40 Years: Fed

Odds that U.S. will fall into a recession over the next 12 months have risen to a 40-year high, according to a probability model from the NY Federal Reserve.
00:05:21

ANDY PUZDER: Woke-obsessed bankers and the president’s mad spending juggernaut fueled this banking tsunami – but guess what? YOU pick up the check

While the mainstream press will search for alternative explanations, the collapse of Silicon Valley Bank and the ensuing hysteria lies at President Biden's feet.

Elon Musk Wades Into Inflation Debate as Fed Tees Up Another Jumbo Rate Hike

Tech entrepreneur Elon Musk weighed in on inflation debate as Federal Reserve prepared to deliver large rate hike to cool soaring prices.

Biden’s Comments from CNN Presidential Townhall 2021

On July 21, 2021 Joe Biden participated in a CNN Town Hall at Mount St. Joseph University in Cincinnati...
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Prominent Economist Warns Inflation Not Transitory, Could Be ‘Shock’ to Financial System

More U.S. economists are starting to publicly warn of rising inflation, with renowned economist Mohamed El-Erian saying he worries “a great deal” that inflation...

Clinton-Era Treasury Secretary Warns Inflation Is Primary Risk to Economy, Not Excessive Slack

Larry Summers, who served as treasury secretary under President Bill Clinton and director of the National Economic Council under...

Larry Summers accuses the Fed of being “dangerously complacent” about inflation

Former U.S. Treasury Secretary Lawrence Summers severely condemned the Fed’s loose monetary policy, accused the central bank of creating...