Emergency Action Needed to Stabilize Markets and Stop Trump’s Economic Damage

I am writing as your constituent because Donald Trump is now actively endangering the U.S. economy and America’s global financial credibility. After Trump threatened severe retaliation against the European Union for opposing his reckless talk of seizing Greenland, Sweden reportedly dumped $7 billion in U.S. Treasury bonds. That is not symbolic. That is a warning shot from global markets. U.S. Treasury bonds depend on trust in American stability, treaty compliance, and the rule of law. When a president or former president threatens allies and signals territorial aggression, markets take him at his word. If other countries follow Sweden’s lead and begin dumping U.S. Treasuries, the consequences will be immediate and catastrophic: a collapsing dollar, exploding interest rates, crashing retirement accounts, frozen credit markets, and mass layoffs. This is not theoretical. This is exactly how financial panics and sovereign debt crises begin. I am asking you to take one immediate, concrete action to protect the U.S. economy and restore global confidence: Pass an emergency bipartisan resolution and issue a joint congressional market-reassurance statement. This resolution must formally declare that the United States will not seize Greenland, will not retaliate economically against the European Union, will honor all treaty obligations, respects EU sovereignty and international law, and that no president has unilateral authority to threaten allies with territorial action, sanctions, or economic retaliation. The joint market statement, issued the same day and signed by bipartisan congressional leadership, must state that the U.S. remains a stable, rules-based debtor, that treaties remain binding, that U.S. debt obligations are not subject to presidential whims, that Trump’s threats do not represent U.S. policy, and that Congress controls foreign commerce and appropriations. Hearings take weeks. Lawsuits take months. Markets move in hours. If Congress does only one thing, it must be this: formally override Trump’s threats with a binding congressional position and a unified market-reassurance statement. If you stay silent while Trump destabilizes global trust in U.S. debt, then you are complicit in the economic damage that follows. I implore you to act now — publicly, clearly, and forcefully — before irreversible harm is done to the American economy.