The housing market, together with other parts of the country’s economy, could already be in a recession, U.S. Treasury Secretary Scott Bessent warned on Sunday. "I think that we are in good shape, but I think that there are sectors of the economy that are in recession," Bessent said during an interview for CNN ’s ‘State of the Union.’ The blame, the Trump-appointed treasury secretary said, should be put on the U.S. central bank. "The Fed has caused a lot of distributional problems with their