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International Business Times UK
International Business Times UK
World
Chelsie Napiza

Trump Economic Advisor Claims Record Low Consumer Sentiment Is Caused By Stress Of Seeing Too Much Positive Change Too Quickly

Donald Trump Kevin Hassett the White House University of Michigan White House CNBC the University of Michigan Mario Nawfal Petrol Earth

The White House's top economic adviser has suggested that record-low consumer confidence is a byproduct of President Donald Trump doing too much good, too fast.

National Economic Council Director Kevin Hassett told CNBC on 11 May 2026 that the pace of change under Trump was simply 'stressful for people to see,' framing the historic slump as evidence of ambition rather than failure.

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