Steven Mnuchin Talks Recession, Economy and Trump
Bloomberg Talks14 Mars 2025

Steven Mnuchin Talks Recession, Economy and Trump

Former Treasury Secretary Steven Mnuchin discounted risks of a US recession, and played down the current selloff in equities, advising investors against overreacting to President Donald Trump’s aggressive trade tactics.
“We came in with the market being fully priced, so I think a 5% to 10% correction on the S&P or the Nasdaq actually makes sense,” Mnuchin said in an interview with Bloomberg’s Saleha Mohsin Thursday.
He spoke as the S&P 500 Index added to its recent selloff, with the gauge heading for its lowest close since September. Thursday’s drop followed threats by Trump to impose a 200% tariff on European alcoholic beverages, in the latest escalation in a growing transatlantic trade war.

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California Governor Gavin Newsom (D) Talks Donald Trump, ICE

California Governor Gavin Newsom (D) Talks Donald Trump, ICE

California Governor Gavin Newsom says Donald Trump's "wrecking ball presidency is jaw dropping in real time." He speaks to Brad Stone at a Bloomberg Newsmakers event in San Francisco.See omnystudio.co...

29 Jan 49min

Nasdaq CEO Adena Friedman Talks Earnings Season

Nasdaq CEO Adena Friedman Talks Earnings Season

Nasdaq CEO Adena Friedman joins Bloomberg's Matt Miller and Dani Burger to talk Nasdaq earnings, AI spending, and capital markets.See omnystudio.com/listener for privacy information.

29 Jan 7min

 Former National Economic Council Director Lael Brainard Talks Fed

Former National Economic Council Director Lael Brainard Talks Fed

Former National Economic Council Director Lael Brainard joined Bloomberg's Romaine Bostick and Katie Greifeld to talk the Fed decision and new potential fed chair.See omnystudio.com/listener for priva...

28 Jan 8min

Abby Joseph Cohen, professor at Columbia Business School, Talks Fed Expectations

Abby Joseph Cohen, professor at Columbia Business School, Talks Fed Expectations

Abby Joseph Cohen, professor at Columbia Business School, joined Bloomberg's Tom Keene and Paul Sweeney to discuss the state of the market and Fed expectations. See omnystudio.com/listener for privacy...

28 Jan 9min

Fastenal CEO Daniel Florness Talks Minnesota Unrest

Fastenal CEO Daniel Florness Talks Minnesota Unrest

Fastenal CEO Daniel Florness joins Tim Stenovec and Carol Massar to discuss the letter signed by over 60 Minnesota CEOs calling for the de-escalation of tension in Minnesota after a second citizen was...

26 Jan 12min

Robinhood Head of Investment Strategy Stephanie Guild Talks European Equities

Robinhood Head of Investment Strategy Stephanie Guild Talks European Equities

Robinhood Head of Investment Strategy Stephanie Guild discusses Robinhood's reaction to the strong demand for exchange traded products primarily focused on European equities in the last year. She is j...

26 Jan 5min

Baker Hughes CEO Lorenzo Simonelli Talks Earnings

Baker Hughes CEO Lorenzo Simonelli Talks Earnings

Baker Hughes shares are in focus after the company beat earnings expectations—doing it in a sluggish energy environment. The energy services giant is navigating shifting markets and rising geopolitica...

26 Jan 6min

MTA Chair and CEO Janno Lieber Talks NYC's Storm Response

MTA Chair and CEO Janno Lieber Talks NYC's Storm Response

New York City's Metropolitan Transportation Authority chairman and CEO Janno Lieber discusses the city's response to the weekend winter storm, the cleanup effort and how the city's public transit syst...

26 Jan 5min

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