In a recent interview, Illinois Governor JB Pritzker vehemently opposed the Trump administration's plans to deploy federal troops in Chicago, calling it an illegal invasion. He emphasized the need for coordination with local law enforcement instead of military presence.
In a recent interview, Chicago Fed President Austan Goolsbee expressed concerns about political pressure affecting the Fed's ability to set monetary policy independently. He warns that undermining this independence could harm the economy.
Treasury Secretary Scott Bessent claims President Trump's tariffs won't raise inflation, asserting that China will absorb the costs. As tariffs on imports from Canada and Mexico approach, experts warn of potential economic fallout.