Lawmakers are trying to counter the current issue of President Donald Trump’s signature campaign amid tariff talks and a downward trend in the market.
Leesburg, Va. – A few months after the November 2024 election, House Democrats gathered on the issue of retreat outside of Washington. Long long to President Trump, President Nov. 2, is trying to define his response to him and Republicans more broadly.
One major theme of that response emerged early on the first day.
On March 12, lawmakers consistently attacked the state of the US economy amid new tariffs and a rapidly changing threat, in the midst of a threat of imposing more market momentum. This was a key issue for President Donald Trump during the campaign, and he expressed his opposition to “videnomics,” and frequently saw an increase in inflation, particularly from government debt.
Rep. Ted Liu (D-Calif), vice-chairman of the House Democrat Caucus, told reporters that the United States is in “Trump’s poor performance.” “You can see that the stock market is declining,” he said.
Rep. Lori Trahan (D-Mass.), co-chair of the Democratic Policy and Communications Commission, said Americans “see the 401(k) down the tube” due to Trump’s tariffs.
House minority leader Hakeem Jeffries (DN.Y.) went further, saying that Trump and Republicans in the House are “leading us into a recession.” Rep. Maxwell Frost (D-FLA.) reflected that language during the House Democrat Policy and Communications Commission press conference, informing reporters that the “r-word” could be on the horizon.
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Stock markets appeared rattling after Trump didn’t rule out the possibility of a recession with Fox News’ Sunday morning futures.
“What we’re doing is huge. We’re bringing wealth to America,” Trump said. “That’s a big deal. …It takes a little time, but I think it should be great for us.”
“The markets will rise and they will go down, but all we really have to do is rebuild our country,” Trump said.
On March 7, Treasury Secretary Scott Bessent told CNBC that the US economy has a “detox period” as government declines.
Assistant Democratic leader, Rep. Joe Negas (D-Colo.), said Trump’s early records in Helm included unemployment.
Jeffries spoke about inflationary concerns that have spurred tariffs and more threats. Inflation cooled in February and fell to 2.8%. The March figures may indicate whether tariffs will change that trend.
