kevin allen hassett

Blame Game Begins as Tariffs Nick U.S., China Growth

Blame Game Begins as Tariffs Nick U.S., China Growth

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Kushner's Mideast Peace Gamble Puts Economics Ahead of Strife

Kushner's Mideast Peace Gamble Puts Economics Ahead of Strife

For those who’d come to doubt that the Trump administration actually had a Middle East peace plan in the works, Jared Kushner proved them half-wrong on Saturday. The president’s son-in-law released a
White House Unveils its Palestinian ‘Peace to Prosperity’ Plan

White House Unveils its Palestinian ‘Peace to Prosperity’ Plan

The Trump administration will roll out the first part of its long-awaited Middle East peace plan, which aims to raise billions to help Palestinians and other Arabs in the region. Top Trump officials
Trump Believes He Has the Authority to Replace Powell at Fed

Trump Believes He Has the Authority to Replace Powell at Fed

President Donald Trump has told confidants as recently as Wednesday that he believes he has the authority to replace Jerome Powell as chairman of the Federal Reserve Board, according to people
White House Says U.S. Could See Zero Growth This Quarter With Shutdown

White House Says U.S. Could See Zero Growth This Quarter With Shutdown

White House Council of Economic Advisers Chairman Kevin Hassett said that if the partial government shutdown extends through March, there’s a chance of zero economic expansion this quarter, though
Trump Claims Credit for Booming Job Market That Fed Let Run Hot

Trump Claims Credit for Booming Job Market That Fed Let Run Hot

It’s the best U.S. job market in decades, and Donald Trump is clearly proud of it. What’s less certain is how much responsibility he can claim.
U.S., Mexico Bridge Differences on Nafta Farm Goods

U.S., Mexico Bridge Differences on Nafta Farm Goods

The U.S. and Mexico are resolving their differences on agricultural products covered under Nafta after the Trump administration withdrew some of its sweeping demands, bringing the nations closer to an
Nafta Talks Are Now Making ‘Amazing’ Progress, Trump Aide Says

Nafta Talks Are Now Making ‘Amazing’ Progress, Trump Aide Says

The U.S. is now making “absolutely amazing’’ progress toward renegotiating the North American Free Trade Agreement, and a deal could come as early as this fall, according to White House Council of
Hassett Says Data Show No Evidence Trade Anxiety Hurting Economy

Hassett Says Data Show No Evidence Trade Anxiety Hurting Economy

White House Council of Economic Advisers Chairman Kevin Hassett said worries about U.S. steel and aluminum tariffs that have already been imposed aren’t showing up in jobs data.
Trump Eyes Even Higher Tariffs as China Trade War Escalates

Trump Eyes Even Higher Tariffs as China Trade War Escalates

President Donald Trump threatened to impose tariffs on every single Chinese import into America as the world’s two largest economies exchanged the first blows in a trade war that isn’t set to end
Issa Is Said to Be a Candidate to Become Trump’s New CFPB Chief

Issa Is Said to Be a Candidate to Become Trump’s New CFPB Chief

Representative Darrell Issa, the Republican lawmaker from California, is among the candidates who have been discussed as President Donald Trump gets closer to naming someone to run the Consumer
Trump Tweets Early on Jobs Data, and Wall Street Takes the Hint

Trump Tweets Early on Jobs Data, and Wall Street Takes the Hint

There’s a reason presidents and policy makers carefully avoid saying a single word about important economic numbers before they’re officially released. Traders react to even the slightest hint, moving
3.9% Unemployment Is Astonishing, Says White House's Hassett

3.9% Unemployment Is Astonishing, Says White House's Hassett

U.S. Council of Economic Advisers Chairman Kevin Hassett discusses the April jobs report, tax cuts and fiscal stimulus. He speaks on "Bloomberg Markets: The Open." (Source: Bloomberg)
Hassett Says GDP Report Proves Trump's Tax Cuts Are Working

Hassett Says GDP Report Proves Trump's Tax Cuts Are Working

Kevin Hassett, White House Council of Economic Advisers chairman, discusses the first-quarter U.S. GDP data and the outlook for the economy with Bloomberg's David Westin on "Bloomberg Markets."
A New Tax Break for Poor Neighborhoods Could Benefit Luxury Developers

A New Tax Break for Poor Neighborhoods Could Benefit Luxury Developers

The new “opportunity zones” provision in last year’s tax overhaul was intended to boost areas that badly need it.
White House Officials See More Labor Market Slack Than Fed Does

White House Officials See More Labor Market Slack Than Fed Does

Many Federal Reserve policy makers believe the U.S. has achieved full employment. White House officials aren’t so sure.
Finance Chiefs Told Trade Tensions Are Hitting Confidence

Finance Chiefs Told Trade Tensions Are Hitting Confidence

Trade tensions between the U.S. and China risk eroding business and investor confidence, even as global growth enjoys its best upswing in years.
Trump's Economy Is Still Waiting for the Tax-Cut Boost

Trump's Economy Is Still Waiting for the Tax-Cut Boost

The U.S. economy is beginning the year with a downshift in growth despite $1.5 trillion in tax cuts signed by President Donald Trump in December.
Trump Swaps Fed Fan Cohn for Critic Kudlow as Central Bank Hikes

Trump Swaps Fed Fan Cohn for Critic Kudlow as Central Bank Hikes

The Federal Reserve’s independence and monetary-policy approach had a White House ally in Gary Cohn. His successor Larry Kudlow may be a different story.
A Higher Gas Tax Won’t Fix America’s Highways

A Higher Gas Tax Won’t Fix America’s Highways

With greater fuel efficiency and electric cars, another source of revenue is needed.