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The Latest Breaking News from Kevin Hassett

A cacophony of presidential words, but few policy changes from Trump

ANALYSIS — A tidal wave of presidential words does not policy make. That was the lesson this past week at the White House, the Capitol and on board Air Force Once, where President Donald Trump got out 35,615 words publicly between Sunday and Thursday, according to CQ Roll Call’s Factba.se.…

Roll Call

Trump officials say gas prices will return to normal in ‘a few more weeks,’ but his own Energy Department says it will be 2027

Government projections don’t see gas prices falling below $3 per gallon until the end of next year.

Fortune

'Last of Our Concerns': Trump Economic Adviser Dismisses Consumer Concerns on Gas Price Hike

Kevin Hassett, Trump's economic adviser, downplays consumer struggles amidst rising gas prices and the US-Israeli conflict with Iran.

International Business Times UK

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This 'retirement nerd' at the uber-liberal New School teamed with Trump’s economy guru to reinvent the 401(k)

Teresa Ghilarducci told Fortune that Trump is a “quirky, bold leader," but admits that if she was younger, she'd have "ideological, righteous concerns."

Fortune

Trump’s top economic adviser wants the Fed to punish its researchers. But the study that rattled him isn’t going anywhere

How dare they speak facts?

We Got This Covered

Support for Republicans Is Tanking. But Why Are Democrats Hated Just as Much?

Trump's second term is wrecking the Grand Old Party—and Democrats' refusal to own up to Biden's failure is killing the party of Jefferson and Obama.

Reason

Tariffs paid by midsized US firms tripled last year, new analysis from JPMorganChase Institute shows

New research shows midsized U.S. companies pay far more in Trump-era tariffs, and the costs land at home

The Independent UK

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Wait for Supreme Court tariff decision reveals potential fallout

As the Supreme Court mulls the legality of the president's tariffs, evidence of a decision's potential fallout has emerged across Washington.

Roll Call

Top Trump advisor furious about true cost of tariffs being revealed, vows to punish New York Fed for ‘worst paper’ ever in history

“The paper is an embarrassment,” Kevin Hassett fumed on CNBC, calling it “the worst paper I’ve seen in the history of the Federal Reserve System.”

Fortune

US House votes to overturn President Trump's tariffs on Canada

Six Republican lawmakers joined Democrats to block the tariffs in a 219 to 211 vote. Trump is expected to veto the measure.

Euronews

Trump team already looking to spin jobs numbers by claiming deportations are reason they’ll be down

Peter Navarro claimed ‘millions’ of illegal immigrants have been deported out of the U.S. job market

The Independent UK

Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons

After months of speculation, US President Donald Trump confirmed he will be nominating Kevin Warsh as the next chair of the US Federal Reserve. The appointment has been closely watched in the context of Trump’s ongoing conflict with the Fed and its current chairman Jerome Powell.

The Conversation

Meet Trump’s next Fed Chair Kevin Warsh: He wants a back-seat central bank, a more bullish monetary policy, and for his dog to live a really long time

Trump confirmed Warsh as the Fed chair nominee Friday morning. Here’s what might be in store for the central bank.

Fortune

Trump nominates Federal Reserve critic Kevin Warsh as its next chair

Pick of former Fed governor to replace Jerome Powell comes as White House seeks to tighten grip on central bank

The Guardian - US

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The Times of India

Who is Kevin Warsh? Secret White House meeting with Trump that made him lead Fed Chair race

Kevin Warsh is the top choice to become the next Federal Reserve Chair. President Donald Trump is expected to announce his decision soon. This potential change is creating market buzz and debate about the Fed's future. Warsh's views on monetary policy and economic strategy are key. His nomination could signal…

Euronews

Trump expected to nominate Kevin Warsh as Fed chair on Friday morning

Despite his former reputation as an inflation hawk, Warsh has shown support for lower rates in recent months, suggesting he is more likely to align with the president than Jerome Powell.

Kiplinger

January Fed Meeting: Updates and Commentary

The January Fed meeting marked the first central bank gathering of 2026, with Fed Chair Powell & Co. voting to keep interest rates unchanged.

Fortune

Trump may name Jerome Powell’s replacement at Davos: Meet the top 4 candidates for Fed chair

There are two Kevins, a BlackRock executive, and a DOJ investigation looming

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The Independent UK

A Trump credit card? Top advisor suggests new method to pay instead of industrywide cap

‘Our expectation is that it won’t necessarily require legislation because there will be really great new Trump cards,’ said Kevin Hassett, director of the National Economic Council

Barchart

Stocks Finish Slightly Lower as Bond Yields Climb

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.07%. March E-mini S&P futures (ESH26 ) fell -0.06%, and March E-mini Nasdaq futures...

Barchart

Dollar Recovers on Fed Chair Speculation

The dollar index (DXY00 ) on Friday rose by +0.04%. The dollar recovered from early losses on Friday and moved higher after President Trump expressed reluctance to nominate Kevin Hassett as Fed Chair. Hassett was seen by markets as the most dovish candidate, so nominating someone like Kevin Warsh, a...

The Guardian - US

‘Nothing to see’: Trump’s economic adviser plays down Fed investigation

Kevin Hassett, a top contender to replace Jerome Powell, suggests he believes Powell told truth about Fed renovation

International Business Times UK

Trump Hints $2,000 Tariff Rebate Cheques Could Land 'Toward Year-End' — Family Relief

Trump hints that £1,600 ($2,000) tariff rebate cheques may arrive by the end of 2026, though Treasury Secretary Scott Bessent warns legal hurdles could delay payouts.

International Business Times UK

Biden's Final Year Outpaces Trump 2025 With 3 Times More Monthly Job Growth as 'Jobless Boom' Grips Economy

Trump's 2025 becomes worst non-recession year since 2003 with just 584,000 jobs added as Biden's final year shows three times stronger monthly growth.

The Independent UK

TACO strikes again: Italian pasta becomes the latest product to have tariffs slashed by Trump

One pasta maker saw its proposed tariff rate fall from over 100 percent to just 2 percent

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