Kevin Hassett

Kevin Hassett has emerged as the clear frontrunner to replace Jerome Powell as Federal Reserve chair next May, a shift that could reshape U.S. monetary policy and affect global markets, particularly if Hassett brings a more dovish stance as expected. The SPDR Gold Shares (NYSE:GLD) is up for the...

White House National Economic Council Director Kevin Hassett has emerged as the leading candidate to become the next Federal Reserve Chair, according to a report published Tuesday. Trump’s ‘Close Ally’ For Fed’s Top Position? Hassett, who led the Council of Economic...

Economist Larry Kudlow predicts President Donald Trump will make big moves at the Federal Reserve when Chairman Jerome Powell steps down. What Happened: Kudlow, who served as Director of the National Economic Council from 2018 to 2021 under Trump, shared his view on the independence of the Federal...

President Donald Trump has called for the creation of a sovereign wealth fund (SWF) "in order to promote the long-term financial health and international leadership of the United States." But what exactly is a sovereign wealth fund, and what might Trump's plan mean for the United States? What Is a...

Kevin Hassett, the White House economic adviser, has come forward in support of President Donald Trump‘s decision to terminate the Bureau of Labor Statistics (BLS) head after a disappointing jobs report was released. What Happened: In an interview with NBC News on Sunday,...

The Federal Reserve is under fire from the Trump administration over a controversial renovation project at its Washington headquarters, which has soared past its original $2.5 billion estimate. In response, Fed Chair Jerome Powell ordered a review of the project amid growing political backlash and...

The Trump administration has expressed its readiness to contemplate alterations to the Medicare program, contingent on the Senate’s discovery of any fraudulent activities or misuse. What Happened: White House National Economic Council director Kevin Hassett clarified the administration’...

A new rift is emerging inside the Republican Party over how to tackle the looming expiration of the 2017 tax cuts. Rep. Thomas Massie (R-Ky.) is pushing back against the administration’s claims regarding the tax cuts and the “One Big, Beautiful Bill.” What Happened: On Saturday,...

Former Treasury Secretary Larry Summers is sounding the alarm on America's fiscal trajectory, placing the blame squarely on President Donald Trump and the GOP’s “One Big, Beautiful Bill.” What Happened: During his appearance on the Politics War Room podcast on Thursday, Summers...

White House economic advisor Kevin Hassett claims that the U.S. economy narrowly avoided a recession thanks to the GOP-backed tax bill. What Happened: Hassett says that had the “One Big, Beautiful Bill” not passed in the House, “it would have been the biggest tax hike in American...

Jim Cramer took a jibe at President Donald Trump in premarket on Tuesday as the stock futures rose amid the President’s criticism of Federal Reserve Chairman Jerome Powell for not cutting interest rates. What Happened: Cramer, in an X post, highlighted that investors “would actually buy...

National Economic Council (NEC) Director Kevin Hassett anticipates the GOP tax bill will be approved by Congress by the start of summer. What Happened: Hassett informed journalists at the White House of his expectations for the tax bill. He stated, “The hope is that the tax bill will be...

Fundstart’s Tom Lee has urged Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick to expedite trade deals for a positive “policy shock” to the stock markets. What Happened: Lee reshared an X post by Charles Gasparino and said, “White House needs to put...

In the midst of a broad tariff agenda that has caused turmoil in financial markets, President Donald Trump is relying on a diverse group of economic advisers to guide his policies. What Happened: The team comprises of Treasury Secretary Scott Bessent, Senior Trade Adviser Peter Navarro,...

On Friday, White House National Economic Council chair Kevin Hassett said the Donald Trump administration is exploring ways to remove Federal Reserve Chairman Jerome Powell. What Happened: Hassett told reporters at the White House that the “President and his team will continue to study,...