Bessent Suggests US Already in Housing Recession, Calls for Lower Interest Rates

Treasury Secretary Scott Bessent speaks with reporters outside the West Wing of the White House in Washington on Oct. 22, 2025. Jim Watson/AFP via Getty Images The U.S. housing market and other parts of the economy may already be in a recession due to high interest rates, Treasury Secretary Scott Bessent said Sunday, reiterating that the

Asylum Applications Hit Record High in Final Year of Biden Administration: OECD

Suspected human smugglers drive ATVs on the Mexican side of the United States border wall near Jacumba, Calif., on Oct. 31, 2023. John Fredricks/The Epoch Times The United States registered record-high asylum applications during the final year of the Biden administration, accounting for more than half of all filings across developed nations, according to a

Trump Says Mass Deportation Operation Hasn’t ‘Gone Far Enough’

President Donald Trump speaks in the Oval Office of the White House in Washington on Feb. 11, 2025. Kevin Lamarque/Reuters President Donald Trump said in a new interview that he believes Immigration and Customs Enforcement (ICE) actions targeting illegal immigrants “haven’t gone far enough” as his administration continues to launch operations across multiple major U.S.