Uncertainty over the timing and effects of President Donald Trump’s tariffs are weighing on the economy and markets.

Bill Pulte was approved by the Senate to head the Federal Housing Finance Agency, where one of his goals could be privatizing mortgage giants Fannie Mae and Freddie Mac.

US stock futures fell after a choppy week for the major gauges. The Federal Reserve is in high focus, though the bank is expected to hold rates steady.

U.S. stock futures declined Sunday after Treasury Secretary Scott Bessent said he’s not worried about a market downturn, despite a miserable stretch for Wall Street.

Treasury Secretary Scott Bessent, a former hedge fund manager, said he’s not worried about the recent downturn that’s wiped trillions of dollars from the equities market as the US seeks to reshape its economic policies.