Ron Wyden says the U.S. economy 'has gone from the envy of the world to a laughingstock in less time than it took to finish March Madness'

Sen. Ron Wyden (D.-OR) during a news conference on the Trump Administration's planned cuts to the Social Security Administration (Credit: Andrew Harnik—Getty Images)

• Sen. Ron Wyden expressed his frustration surrounding the motives behind President Donald Trump’s so-called “Liberation Day” tariffs. He said Trump and his advisors are lacking an “understandable explanation” for imposing the duties and bemoans that they continue to contradict each other. Wyden called on Congress to take power back in response to Trump’s whipsaw approach to tariffs.

Sen. Ron Wyden (D.-Oregon) criticized President Trump’s tariffs saying the president has put retirement funds, investors, and the economy in “purgatory” without a clear motive, after a multi-day sell off ended in trillions vanishing from the stock market.