U.S. Trade Representative Jamieson Greer said in an interview set to air Sunday that President Trump's newly announced tariff rates are "pretty much set" and the public should not expect them to come down in the near future.
"I don't, I don't think they will be in the coming days," Greer said on CBS News's "Face the Nation," when asked whether he expects rates to be negotiated down in the coming days.
He said many of the tariff rates announced "are set rates pursuant to deals." |
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Former U.S. Treasury Secretary Larry Summers on Sunday said President Trump's decision to fire the commissioner of the Bureau of Labor Statistics following a dismal jobs report is "way beyond anything that Richard Nixon ever did."
During an appearance on ABC News's "This Week," Summers slammed the decision to fire Erika McEntarfer and said it was worse than the firings made by former President Nixon, who notably fired the special prosecutor investigating the Watergate scandal, with others submitting their resignations alongside him. While Nixon was not impeached, he eventually resigned over the scandal. |
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Sen. Alex Padilla (D-Calif.) said on Sunday he would support an investigation into President Trump's firing of the commissioner of the Bureau of Labor Statistics.
"I think an investigation is certainly in order," Padilla said in an interview on NBC News's 'Meet the Press."
Padilla noted he recently called for an investigation into potential violations of the Hatch Act related to the White House's involvement in the GOP redistricting effort.
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| National Economic Council (NEC) Director Kevin Hassett said on Sunday that a market reaction to President Trump's tariff policies will not deter him from proceeding with his plans to levy fees on imports.
In an interview on NBC News's "Meet the Press," Kristen Welker asked the White House economic adviser whether Trump could change the tariff rates again, if the market reacted as it did in April, when the tariff announcement sent stocks tumbling.
"The markets have seen what we're doing and celebrated them, so I don't see how that would happen," Hassett responded when asked about a future change to the tariff rates. |
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Sen. Alex Padilla (D-Calif.) blasted Republicans for undertaking a mid-decade redistricting effort in Texas, saying the move reveals concerns about the party's economic message ahead of the midterms.
"If Republicans were confident on their policy agenda, they'd be eager to defend it with the people and to defend at the ballot box next November," Padilla said in an interview on NBC News's "Meet the Press." |
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| National Economic Council (NEC) Director Kevin Hassett signaled in a Sunday interview that he is open to succeeding Federal Reserve Chair Jerome Powell if he's tapped to do so.
In an interview on NBC News's "Meet the Press," Hassett said President Trump and Treasury Secretary Scott Bessent are in the process of finding a replacement for Powell, whose term as chair is up next May. Powell's term on the board of governors expires in January 2028.
"I've been working with the president for about eight years, and, you know, as one of his closest economic advisers, of course, we've talked about the Federal Reserve," Hassett said, when asked whether he wants to succeed Powell as Fed chair and whether he would accept the position. |
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