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Ex-DHS Official Warns Trump Policies Fuel War, AI Layoffs, Recession

5/26/2026

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Summary

Story summary

Miles Taylor (former Homeland Security official) warned President Donald Trump’s policies could cause a market crash.
He said the first “explosion” is the U.S. war against Iran, which has raised prices.
He called the second “explosion” AI and noted that 99% of CEOs expect AI-driven layoffs.
Taylor warned that if war “explosion” hits, AI-driven layoffs could spark a recession and push boards and CFOs to replace workers instead of restructuring.

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Story summary

Miles Taylor (former Homeland Security official) warned President Donald Trump’s policies could cause a market crash.
He said the first “explosion” is the U.S. war against Iran, which has raised prices.
He called the second “explosion” AI and noted that 99% of CEOs expect AI-driven layoffs.
Taylor warned that if war “explosion” hits, AI-driven layoffs could spark a recession and push boards and CFOs to replace workers instead of restructuring.