🚀 Economists Criticize U.S. Tariff Policies in Open Declaration
#Economists #TariffPolicies #USTrade #NobelLaureates #AntiTariffDeclaration #TrumpAdministration #EconomicCriticism #SelfInflictedRecession
According to PANews, a group of economists, including two Nobel laureates, have signed an 'anti-tariff declaration' criticizing U.S. President Donald Trump's tariff policies. The declaration describes these policies as 'misguided' and warns of a potential 'self-inflicted recession.' The authors emphasize the urgent need to reverse the Trump administration's 'incoherent and destructive policies' on trade. As of April 19, 2025, at 8:00 PM Eastern Time, 956 individuals have signed the declaration.#Economists #TariffPolicies #USTrade #NobelLaureates #AntiTariffDeclaration #TrumpAdministration #EconomicCriticism #SelfInflictedRecession
🚀 Trump Administration Criticizes CFPB for Alleged Consumer Losses
#TrumpAdministration #CFPB #ConsumerFinancialProtectionBureau #EconomicCriticism #ConsumerLosses #RegulatoryBurden #BorrowingCosts #CreditAccess #LivingCosts #RussellVought #FinancialCrisis
The Trump administration has intensified its criticism of the Consumer Financial Protection Bureau (CFPB), claiming the agency has cost American consumers hundreds of billions of dollars due to additional borrowing costs. According to Jin10, a report from the White House Council of Economic Advisers suggests that the regulatory burdens imposed by the CFPB have led to increased prices and reduced product availability, resulting in estimated consumer losses ranging from $237 billion to $369 billion. Acting Director Russell Vought stated that the CFPB has been used to advance a radical agenda, contrary to the claims of its left-wing supporters, by restricting Americans' access to credit and significantly raising living costs. Vought expressed a desire to "shut down" the agency, which was established to protect consumers following the 2008 financial crisis.#TrumpAdministration #CFPB #ConsumerFinancialProtectionBureau #EconomicCriticism #ConsumerLosses #RegulatoryBurden #BorrowingCosts #CreditAccess #LivingCosts #RussellVought #FinancialCrisis