The Latest Breaking News from Hassett

Fox host cuts off Trump’s top economic adviser when he tries to blame Biden for gas price spike amid Iran war

The national average cost of gas has exceeded $4 a gallon in the US as Americans bear the brunt of Trump’s war against Iran

The Independent UK · Apr 3

Trump’s top advisor dismisses fears Iran war could impact the economy: ‘The last of our concerns right now’

Hassett insisted Tuesday he was ‘highly confident that we’ve got this thing under control’

The Independent UK · Mar 17

Stocks Settle Higher on Strength in Tech

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.47%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.77%. March E-mini S&P futures (ESH26 ) rose +0.46%, and March E-mini Nasdaq futures...

Barchart · Feb 9

Hassett Emerges As Trump's Top Fed Pick — Here's What A Dovish Shift Could Mean For Markets

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.

Benzinga · Nov 28, 2025

Hassett Backs Dismissal of BLS Chief, Says Trump's 'Own People' Would Bring More Transparent and Reliable Jobs Reports

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.

Benzinga · Aug 3, 2025

Dollar Retreats and Gold Rallies to a Record High on Threats to Fed Independence

The dollar index (DXY00 ) Monday fell by -0.98% and posted a new 3-year low. The dollar sold off Monday on a renewed crisis of confidence in the dollar after National Economic Council Director Hassett said President Trump was contemplating the possibility of firing Fed Chair Powell. The firing of...

Barchart · Apr 21, 2025

Dollar Tumbles and Gold Soars to a Record High on Concern Over Fed Independence

The dollar index (DXY00 ) today is down -0.94% and fell to a new 3-year low. The dollar is selling off today on a renewed crisis of confidence in the dollar after National Economic Council Director Hassett said President Trump was contemplating the possibility of firing Fed Chair Powell. The...

Barchart · Apr 21, 2025

Ministers focused on US trade deal, despite signal tariffs will go no lower

Kevin Hassett, a senior economic adviser to Donald Trump, suggested the blanket 10% tariff rate most countries now face was likely to be a ‘baseline’.

Evening Standard · Apr 11, 2025