Trump Sparks Mockery After Suggesting Baffling New Use For The Military
Former US President Donald Trump has sparked controversy by suggesting the use of the military to intervene in the bond market. He claimed that 'extraordinary' US growth can tackle the country's $40 trillion-plus debt. Trump denied ordering Treasury market intervention, saying it was the choice of his former chief economic advisor, Judy Rehn or another person, not him.
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- ✓ Trump says 'extraordinary' US growth can tackle US$40 trillion debt
- ✓ Trump denied ordering Treasury market intervention
- ✓ Trump suggested he can use the military on bond markets: 'If We Have To Use That, We Will'
What changed
Trump's comments on using the military in the bond market and his denial of ordering Treasury market intervention have added to the controversy surrounding his economic policies.
Live updates
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Trump Suggests Using Military in Bond Market
Former US President Donald Trump has sparked controversy by suggesting the use of the military to intervene in the bond market. He claimed that 'extraordinary' US growth can tackle the country's $40 trillion-plus debt. Trump denied ordering Treasury market intervention, saying it was the choice of his former chief economic advisor, Judy Rehn or another person, not him.
Why it matters
The US bond market is a critical component of the country's financial system, and any intervention could have significant consequences. Trump's comments have raised concerns about the potential misuse of the military and the impact on the economy. The US debt has been a pressing issue, with the current debt standing at over $40 trillion.
What is confirmed
- Trump says 'extraordinary' US growth can tackle US$40 trillion debt
- Trump denied ordering Treasury market intervention
- Trump suggested he can use the military on bond markets: 'If We Have To Use That, We Will'
Still unconfirmed
- Trump directed Bessent to intervene in bond market
What to watch next
- US economic growth data release
- Federal Reserve's decision on interest rates
- Trump's future comments on economic policies
confidence 75%Sources used for this update (10)
- HuffPost — Trump Sparks Mockery After Suggesting Baffling New Use For The Military
- Bloomberg.com — Trump Says It Was Bessent’s Choice to Intervene in Bond Market
- Reuters — Trump says he did not direct Bessent to intervene in bond market
- finance.biggo.com — Trump Denies Ordering Treasury Market Intervention, Says Economic Growth Will Resolve $40 Trillion-Plus Debt
- The Vibes — Trump says ‘extraordinary’ US growth can tackle US$40 trillion debt
- rawstory.com — CNN anchor baffled by Trump's bizarre gaffe: 'What is he talking about?'
- Yahoo — Trump Suggests He Can Use the Military on Bond Markets: ‘If We Have To Use That, We Will’
- consent.yahoo.com — 'Beer On The Mall': Trump Officials Defend Freedom 250 Race That's Frustrated D.C. Residents
- www.aol.com — ‘Let Me Finish’: NBC Host Clashes With MAGA Senator Desperate To Blame Biden For Trump’s Economy
- ca.news.yahoo.com — 'No More!' Trump Lashes Out Canada's Mark Carney Over Trade War
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