NPR

Trump Falls Silent On Stock Market Slump

President Trump, who often boasted when the stock market hit record highs, has said nothing as the market enters a period of volatility.
Traders work on the floor of the New York Stock Exchange, which has seen a topsy-turvy couple of days, on Tuesday in New York City.

When it comes to the stock market, the Trump administration has suddenly entered a quiet period.

The president, who frequently boasted when the stock market was hitting record highs, has said nothing about the market's stomach-churning gyrations in the past few days.

Treasury Secretary Steven Mnuchin also avoided the subject in prepared remarks to the House Financial Services Committee. When pressed, Mnuchin told lawmakers that the market is not cause for concern.

"First I would say, we are very focused

You’re reading a preview, subscribe to read more.

More from NPR

NPR5 min readCrime & Violence
Migrant Crime Is Politically Charged, But The Reality Is More Complicated
Republicans have raised the alarm about a migrant crime wave. Nationally, crime is down even as immigration has surged, but the concerns are real in some neighborhoods.
NPR2 min read
Tiny Desk Contest Fan Favorite: nobigdyl.
Last week, we asked fans what their favorite entry from this year's Tiny Desk Contest was — and 10,000 of you voted. We're excited to share that the winner of our Fan Favorite vote is "Go With The Ghost" by nobigdyl.! The band, which is based in Murf
NPR3 min read
Tornadoes Tear Through The Southeastern U.S. As Storms Leave 3 Dead
Forecasters warned a wave of dangerous storms in the U.S. could march through parts of the South early Thursday, after deadly storms a day earlier spawned damaging tornadoes and massive hail.

Related Books & Audiobooks