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The Latest Breaking News from Kevin Hassett

Trump To 'Hit People With The Promises' Of Capital Gains Cuts, Home Sale Tax Breaks Ahead Of Midterms, Says Kevin Hassett

President Donald Trump is looking to roll out new policy proposals ahead of the November midterm elections, with capital gains tax changes and a larger exemption for home sales among ideas gaining attention in Washington.

Benzinga

Trump Adviser Sounds Alarm On Fuel Prices, Grocery Inflation As Iran War Keeps Energy Costs High, But Sees US Economy Entering 'Liftoff Stage'

Kevin Hassett, director of the National Economic Council, expressed his concern about the ongoing high fuel prices and inflation, against the backdrop of the continuing Iran war, which has been a significant contributor to the current economic scenario.

Benzinga

White House adviser declines to link Russia sanctions bill with India trade talks

A proposed US sanctions bill targeting Russian oil buyers could affect trade talks with India. White House officials stated negotiators will decide any impact on ongoing discussions. Senators are advancing legislation that could impose tariffs on countries buying Russian energy. This measure aims to curb revenues supporting Russia's military actions…

The Economic Times

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Trump adviser says Americans are ‘optimistic’ about economy despite poll findings

IN FULL

The Independent UK

Trump’s top financial guru says economy ‘looks amazing’ – despite countless polls saying Americans are worried

National Economic Council Director Kevin Hassett insists outlook is positive, dimissing new survey’s finding that 77 percent of voters believe the nation’s financial health is poor

The Independent UK

Inflation Rose Less Than Expected Last Month. Now a Top Trump Official Says The Fed Must Act Accordingly

National Economic Council Director Kevin Hassett said there is no argument to raise interest rates after inflation rose less than expected in June.

International Business Times

Trump Wants Lower Gas Prices, but Refineries Face Heat Waves, Iran War and a Russia-Ukraine 'Wild Card,' Analyst Says

While President Donald Trump has warned the oil companies to reduce gas prices at the pump to reflect the drop in crude oil costs, GasBuddy analyst Patrick De Haan says reducing fuel costs might be more complicated than it seems.

Benzinga

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Kevin Hassett Says Gas Prices Will Drop Once Strait Of Hormuz Traffic Returns To Normal—Democrat Senator Calls Recent Price Hike 'Unacceptable'

President Donald Trump‘s top economic advisor, Kevin Hassett, said on Monday that gas prices in the U.S. will come down to pre-Iran war levels once the traffic through the Strait of Hormuz moves normally.

Benzinga

Trump Accounts Could Land An Unexpected Boost As SpaceX Reportedly Weighs Stock Donation

Space Exploration Technologies Corp. (NASDAQ:SPCX) is reportedly in talks with the Trump administration about a potential donation to the Trump Accounts, a savings initiative for children.

Benzinga

Trump Eases Pressure On Fed Chair Kevin Warsh As Inflation Climbs, Analysis Claims

The Trump administration is giving new Federal Reserve Chair Kevin Warsh more room to navigate elevated inflation, even as President Donald Trump continues to publicly favor lower interest rates.

International Business Times

US defies forecasts of economic slowdown, but its growth isn’t making ordinary people better off

US economic growth is picking up again after a slowdown towards the end of 2025. According to price data released on May 28, US GDP grew by 1.6% year-on-year in the first quarter of 2026. This is despite energy prices rising and consumer confidence falling since the US president, Donald…

The Conversation

Trump’s economic chief says inflation is falling. Data says otherwise

In April, inflation reached its highest level in three years

The Independent UK

FACT FOCUS: Is inflation a red state vs. blue state issue? It's increasing no matter how you cut it

Inflation is rising again, squeezing budgets and making essentials harder to afford

AAP

Americans should be reassured by high prices, apparently. Does Trump’s team really think we’re that stupid?

According to chief economic adviser Kevin Hassett, living in the world’s richest superpower and witnessing food, electricity and housing become luxury items is a good thing

The Guardian - UK

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We Got This Covered

Donald Trump’s economic adviser says that Americans spending more on gas and groceries is a sign they are ‘optimistic about the future’

A different read on the data.

International Business Times UK

Trump's Top Economic Adviser Tells Americans Spending More on Everything Is a Sign They're 'Hopeful For the Future'

Kevin Hassett says higher spending on essentials signals optimism, but data shows record-low consumer sentiment and growing financial worries amid rising fuel costs.

The Independent UK

Three out of five Americans are cutting items from grocery lists as food prices continue to rise

Many Americans have had to change up their grocery lists or cut back on extras due to high prices, according to a poll

The Independent UK

Trump’s top economic adviser says Americans are ‘very optimistic’ about economy

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The Independent UK

Trump’s economic guru doubles down and brags that Americans ‘spending more on everything’ - not just gas

Top White House economist Kevin Hassett claimed Americans remain ‘very, very optimistic’

Bangkok Post

New US Fed chair says he will be 'reform-oriented'

WASHINGTON - New US Federal Reserve Chair vowed to be "reform-oriented" as he was sworn in at the White House on Friday, with President Donald Trump insisting the central bank chief would be "totally independent."

The Economic Times

US Fed chair Kevin Warsh says will be 'reform-oriented' at glitzy White House swearing-in

New US Federal Reserve chair Kevin Warsh vowed to be "reform-oriented" as he was sworn in at the White House on Friday, with President Donald Trump insisting the central bank chief would be "totally independent." It is unusual for the chief of the Fed -- an independent non-partisan body that…

Fortune

Kevin Warsh confirmed as Fed chair in party-line vote amid Elizabeth Warren's 'sock puppet' criticism

Every Republican voted for Warsh on Wednesday, as did Democratic Sen. John Fetterman of Pennsylvania.

The Economic Times

US Senate confirms Kevin Warsh as Federal Reserve chair, following Jerome Powell

Kevin Warsh is now the new head of the Federal Reserve. He takes charge at a difficult economic time. Inflation is high and gas prices are rising. The Fed faces internal disagreements. President Trump has pressured the Fed for lower interest rates. Warsh promises independence. He faces challenges in managing…

Axios

AI executive action stalled by White House infighting

Early talk of federal safety reviews of new AI models has cooled off.

TechRadar

'There’s no sign in the data that AI is costing anybody their job right now': White House National Economic Council Director says AI isn’t leading to cuts — despite widespread and well-publicized layoffs across the world

White House National Economic Council Director says AI isn’t causing job cuts - despite widespread evidence to the contrary.

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