Business

Trump's Economic Policies and Debt Concerns

Updated 2026-10-09 14:25 UTC 1 source Negative

Researchers warn that Americans' ability to meet debt payments has significantly deteriorated. Additionally, Trump has appointed a committee to investigate statements by Federal Reserve nominee Lisa Cook.

Coverage timeline — 2 articles

CNBC

Americans' debt problems are flashing a warning not seen since the Great Recession

Researchers found that while wealth disparities narrowed somewhat, the ability to meet debt payments deteriorated significantly.

2026-10-09 14:03 UTC

CNBC

Trump appoints committee to investigate statements by the Fed's Lisa Cook

Trump tried to fire Cook, a nominee of former President Joe Biden, but the Supreme Court blocked his first attempt.

2026-10-09 14:11 UTC