Trump Officials Tell Donors Recession Will Be Short

“In public, President Trump and top White House officials keep extolling the strength of the U.S. economy. In private, they’re increasingly worrying about a global economic slowdown triggering a U.S. recession — and weighing options to shore up the economy in an election year,” Politico reports.

“At a fundraising luncheon this week in Jackson, Wyo., headlined by Jared Kushner and Ivanka Trump, acting White House chief of staff Mick Mulvaney acknowledged the risks to the GOP elite behind closed doors. If the U.S. hypothetically were to face a recession it would be ‘moderate and short,’ Mulvaney told roughly 50 donors, according to an attendee.”