Trump's Federal Reserve Leadership Decision: Hassett as Next Fed Chair
#politics #economy #federal_reserve #markets
Trump weighs Kevin Hassett as next Fed chair, signaling pro-growth policy shifts and market implications.
Kevin A. Hassett is an American economist who has been a prominent conservative policy adviser, academic, and public commentator. He earned a B.A. in economics from Swarthmore College and a Ph.D. in economics from the University of Pennsylvania, and served on the faculty at Columbia Business School before joining the Federal Reserve Board’s Division of Research and Statistics in the 1990s[4][5]. He later became a long-time scholar at the American Enterprise Institute and held fellowships at the Hoover Institution[5][6]. Hassett served as chairman of the White House Council of Economic Advisers from 2017 to 2019, where he was a central architect and public advocate of the 2017 corporate tax cut and related supply-side policy arguments[1][5]. He returned to the Trump White House as a senior economic adviser during the COVID-19 period and was appointed Director of the National Economic Council in early 2025, placing him at the center of economic policy planning for the Trump administration[1][6]. Over his career he has advised multiple presidential campaigns, including those of John McCain, George W. Bush, and Mitt Romney[1][5]. Hassett is also known as a public intellectual and author; he coauthored the 1999 book Dow 36,000, which drew wide attention for its bullish stock-market forecast, and has been a regular columnist and media commentator on economic issues[1][5]. His policy positions emphasize tax cuts, deregulation, and policies intended to boost investment and productivity, and he has advocated immigration rules favoring highly skilled workers while arguing for pro-growth fiscal measures[1][6]. In recent years Hassett returned to high-profile government service as National Economic Council director (2025) and has remained a visible defender of the administration’s economic agenda, drawing both support from conservative allies and scrutiny from critics over his policy claims and public statements[6][7].
#politics #economy #federal_reserve #markets
Trump weighs Kevin Hassett as next Fed chair, signaling pro-growth policy shifts and market implications.
#trump #federal reserve #economy #prediction markets #interest rates
President Trump's remarks on potential candidates for the next Federal Reserve Chair have caused a surge in prediction markets and could have significant implications for the economy and financial markets.
#trump #economy #labor #jobs report #data integrity
Top economic advisor Kevin Hassett defends Trump's claims that the May jobs report was manipulated and raises concerns about government data integrity.
Recent events and decisions by the Trump administration show a disregard for independent agencies and their operations.
#president_trump #fed_chair #white_house
The White House claims that President Trump has the authority to fire Federal Reserve Chair Jerome Powell over the ongoing tension between the two.
White House advisor hints at Trump potentially firing Fed Chair over HQ renovations, causing market panic.