White House Faces Questions Over Stock Market Decline and Federal Worker Retirements

Economic concerns grow as President Trump's trade policies and government downsizing efforts impact retirement accounts and market stability.

Fox News' Peter Doocy questioned White House Press Secretary Karoline Leavitt about the challenges of encouraging federal workers to retire as stock market declines erode retirement savings.
The stock market suffered significant losses on Monday, attributed to concerns over Trump's trade disputes with Canada and Mexico and rising consumer goods prices.
President Trump has implemented tariff exemptions for some goods from Canada and Mexico but has doubled down on his broader trade strategy despite criticism from economists and business leaders.
Elon Musk's government efficiency initiative, which includes buyouts and mass layoffs, faces skepticism as financial instability complicates retirement planning for federal employees.
Trump is expected to address concerns from corporate leaders, including CEOs from major companies, later today in an effort to reassure investors and workers.