Lawrence Summers

Sen. Elizabeth Warren (D-Mass.) and former Treasury Secretary Lawrence Summers are voicing their concerns on the provisions of the recently passed “One Big, Beautiful Bill,” warning of significant consequences for working American families. What Happened: On Tuesday, in a...

The United States’ growing turn toward protectionism isn't just about trade deficits or manufacturing jobs – instead, it's about political avoidance, says economist Richard Baldwin. What Happened: On Tuesday, while speaking on The Big View podcast by Reuters, Baldwin argued that America...

Former U.S. Treasury Secretary Lawrence Summers believes markets are far less reactive to geopolitical conflict than many expect, citing the recent example of flaring tensions in Iran. What Happened: On Thursday, Summers posted on X, discussing his recent Bloomberg interview where he addressed the...

Something's shifting in the bond market, with a new wave of unease creeping in, and some of Wall Street's most experienced voices observing a sombre silence. What Happened: On Wednesday, Spencer Hakimian, the founder of Tolou Capital Management, shared a post on X highlighting a growing consensus...

A new rift is emerging inside the Republican Party over how to tackle the looming expiration of the 2017 tax cuts. Rep. Thomas Massie (R-Ky.) is pushing back against the administration’s claims regarding the tax cuts and the “One Big, Beautiful Bill.” What Happened: On Saturday,...

Despite the years of escalating trade, technology, and geopolitical tensions, historian and economist Niall Ferguson says that the United States and China remain entangled. What Happened: Appearing on Bloomberg’s Wall Street Week on Saturday, alongside former Treasury Secretary Lawrence...

Former Treasury Secretary Lawrence Summers has sharply criticized the tax bill by the President Donald Trump administration amid the ongoing feud with Elon Musk. What Happened: Describing the “Big Beautiful Bill” as a “prescription for deadly, dangerous decline,” Larry...

Ross Gerber, the CEO of Gerber Kawasaki Wealth & Investment Management, is throwing his weight behind the Federal Reserve’s decision to hold the rates, while sharply criticizing President Donald Trump’s trade and tariff policies, alongside the fiscal expansion that is resulting in...

Former U.S. Treasury Secretary Lawrence Summers warns that the U.S. Dollar may no longer be the sanctuary that investors from across the globe once counted on. What Happened: While speaking on The Call, a podcast by the U.S. Chamber of Commerce last week, Summers pointed to the recent shift in...

Former Treasury Secretary Larry Summers is sounding the alarm on America's fiscal trajectory, placing the blame squarely on President Donald Trump and the GOP’s “One Big, Beautiful Bill.” What Happened: During his appearance on the Politics War Room podcast on Thursday, Summers...

Five former treasury secretaries are taking aim at the Department of Government Efficiency and Elon Musk for alleged overreach and abuse of powers by the new White House administration. What Happened: Musk has been put in charge of leading the Department of Government Efficiency by President Donald...

U.S. tariffs imposed by President Donald Trump on imports from Canada, Mexico, and China are rattling markets and stirring sharp reactions from economists. The measures, which include a 25% duty on most Canadian and Mexican goods and a 10% tariff on Chinese imports, have heightened concerns over...

On Sunday, renowned economist and Obama-era Treasury Secretary Lawrence Summers criticized President Trump’s recent tariff impositions, describing them as a “bully strategy” that could have far-reaching negative impacts. What Happened: In a series of posts on X, Summers voiced his...

Barack Obama-era Treasury Secretary Lawrence Summers criticizes Donald Trump’s proposed tariffs, questioning how they could help fight inflation. What Happened: On Monday, Summers, the former Treasury Secretary, took to X to express his concerns about the proposed tariffs by Trump. Summers...

Ahead of the 2024 presidential election, former Treasury Secretary Lawrence Summers has raised concerns about the economic policies proposed by Donald Trump, warning they could destabilize long-term inflation expectations. What Happened: Summers, a notable economist and former Treasury Secretary...