As the stock market plummeted on Monday, Fox Business anchor Charles Payne sharply criticized the economic policies enacted by the Biden-Harris administration.

On Monday, nearly $2 trillion was wiped out of the S&P 500 at market open. Investor anxiety over a looming global recession triggered a selloff that sent U.S. stock futures plummeting and raised urgent questions about the Biden-Harris administration's economic policies.

Payne said President Joe Biden's administration policies directly resulted in the current global market downfall.

Payne said on Fox News' "America's Newsroom, "I just wanted to say, that statement from the Harris White House…or from Harris is really intriguing about Trump 'almost bring us' to a recession."