National Economic Council Director Kevin Hassett said Friday that the White House could deploy alternative measures if the Supreme Court rules against President Donald Trump’s use of emergency powers to impose sweeping levies. “There was a big call last night with all the principals to talk about if the Supreme Court were to rule against … Read more
Christmas is around the corner, but Wall Street isn’t feeling the holiday spirit heading into the week ahead. The S & P 500 and Nasdaq Composite are lower for the month, marking an unusually weak stretch for stocks. December has historically been one of the stronger months for equities, with both benchmarks averaging a gain … Read more
Kevin Hassett, director of the National Economic Council, speaks to members of the media outside the White House in Washington, DC, US, on Friday, Oct. 24, 2025. Francis Chung | Bloomberg | Getty Images President Donald Trump knows who he’s going to select as the next Federal Reserve chair but isn’t saying yet. Prediction markets … Read more
Artificial intelligence could be increasing worker productivity so much that companies slow hiring, top Trump administration economic advisor Kevin Hassett said Monday. “I think that there have been mixed signals in the job market,” the National Economic Council director said on CNBC’s “Squawk Box,” adding that he has seen “really, really positive signals in the … Read more
U.S. White House economic adviser Kevin Hassett speaks in front of a TV camera at the White House in Washington, D.C., U.S., November 13, 2025. Kevin Lamarque | Reuters Back pay owed to federal workers for the time they were furloughed during the government shutdown is expected to land in their bank accounts early next … Read more