White House optimistic about tariffs impact on economy
Wall Street not receptive to message
WASHINGTON (Gray DC) - The White House is calling for swift age of a bill to keep the government funded.
The White House responding to Gray Media’s correspondent Jon Decker asking questions at the Tuesday press briefing, hoping to provide more clarity on two key issues that could impact every American.
The House and Senate voting this week on a stopgap funding bill to prevent a government shutdown. The federal government runs out of spending authority on Friday, March 14 Jon Decker asked White House Press Secretary Karoline Leavitt about President Donald Trump’s strategy for getting this legislation ed by Congress.
Jon Decker, White House Correspondent: “Question for your first on the CR you put up on the screen the president’s message to Republicans to this continuing resolution is their outreach to Democrats, because what we’ve seen since the beginning of the fiscal year is that in order to get a continuing resolution, you need bipartisan , and you need compromise.”
Karoline Leavitt, White House Press Secretary “Well, right now we are focused on House Republicans and on the House, because that’s the first step, as you know, John. And so the president has engaged in correspondence with House Republicans, whipping votes and getting them to a yes, which I understand has been pretty successful this morning thus far. And so, again, the president is encouraging Republicans especially. But again, as I said, all of Congress to vote to continue funding this government so we can continue the business of the American people which elected President Trump.”
Jon Decker also asked the Press Secretary about the pounding that financial markets have taken over the last two weeks.
Jon Decker, White House Correspondent: “The second question has to do with financial markets. We’ve seen this decline yesterday. We see it today as well. It seems that the read on the president’s policies is one in which they do not have confidence in his trade tariffs policy. They do not have confidence in what the president said to Fox News over the weekend that he didn’t rule out the idea of a recession. What is your read in of the decline that we’ve seen over the last week and a half in financial markets?:
Karoline Leavitt, White House Press Secretary: “Well, I think there’s actually a lot of reason to be confident, and many people do feel confident. Just look at the nearly $2 trillion in private investment that this president has secured. Look at the comments made by the CEO of Apple, one of the biggest companies in this world, who said that he is bullish on the future of American innovation under the leadership of President Trump. Look at CEO confidence. According to the Conference Board measure of CEO confidence in Q1 2025 under the leadership of this president. It jumped to its highest level in three years, from cautious optimism to confident optimism.”
Despite those positive talking points, a disconnect in financial markets which had another down day Tuesday. Wall Street continuing to show concern over new tariffs placed by the President on Canadian steel and aluminum. That move has rekindled growing fears of an economic recession.
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