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YOU WONT BELIEVE: Kevin hassett - What They Never Told You

'In our lane': Fed's Warsh defies Trump but still fighting for credibility

US Federal Reserve chair Kevin Warsh delivered the interest rate hike this week that many economists think surging inflation required, defying President Donald Trump -- but questions about the central bank chief's credibility linger. The White House insists that any inflation is due to the previous administration, with Trump advisor…

The Economic Times

European markets recover ahead of expected Fed rate hike

European markets recovered modestly as oil prices and bond yields eased, while investors awaited the US Federal Reserve’s decision on whether to raise borrowing costs for the first time in three years.

Euronews

Trump Brushes Off AI Industry's Own Call to Slow Down, Citing the Race With China

Trump dismissed AI CEOs' rare call to slow down, citing the China race, as Latino workers face the steepest automation risk of any group.

Latin Times

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Trump downplays the need to check AI development and says he doesn't want to cede edge to China

"We can put guardrails, we can do this and that, but I think you have a lot of negative forces that are bringing it up that ... shouldn't be bringing it up, and they're bringing up things that won't happen," Trump told reporters during a weekend trip to Ireland. "But…

The Economic Times

Trump dismisses AI safety fears to keep America ahead of China

US president claimed ‘very negative forces’ have been raising concerns about the rapidly developing technology

The Independent UK

Ahead of Fed meeting, Trump says US should have world's lowest interest rate

President Donald Trump stated the United States should have the world's lowest interest rates. He expressed this view ahead of the Federal Reserve's upcoming policy meeting this week. Trump indicated he did not know if the Fed would raise rates on Wednesday. He believes the nation has the best credit…

The Economic Times

Taxes wouldn’t fund $5,000 Trump ‘dividend’ if Republicans win midterms, says commerce secretary

Lutnick said $500bn of estimated $1tn needed to fund checks to all US adults could come from new visa program

The Guardian - US

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Trump To 'Hit People With The Promises' Of Capital Gains Cuts, Home Sale Tax Breaks Ahead Of Midterms, Says Kevin Hassett

President Donald Trump is looking to roll out new policy proposals ahead of the November midterm elections, with capital gains tax changes and a larger exemption for home sales among ideas gaining attention in Washington.

Benzinga

Trump Adviser Sounds Alarm On Fuel Prices, Grocery Inflation As Iran War Keeps Energy Costs High, But Sees US Economy Entering 'Liftoff Stage'

Kevin Hassett, director of the National Economic Council, expressed his concern about the ongoing high fuel prices and inflation, against the backdrop of the continuing Iran war, which has been a significant contributor to the current economic scenario.

Benzinga

White House adviser declines to link Russia sanctions bill with India trade talks

A proposed US sanctions bill targeting Russian oil buyers could affect trade talks with India. White House officials stated negotiators will decide any impact on ongoing discussions. Senators are advancing legislation that could impose tariffs on countries buying Russian energy. This measure aims to curb revenues supporting Russia's military actions…

The Economic Times

Trump adviser says Americans are ‘optimistic’ about economy despite poll findings

IN FULL

The Independent UK

Trump’s top financial guru says economy ‘looks amazing’ – despite countless polls saying Americans are worried

National Economic Council Director Kevin Hassett insists outlook is positive, dimissing new survey’s finding that 77 percent of voters believe the nation’s financial health is poor

The Independent UK

Inflation Rose Less Than Expected Last Month. Now a Top Trump Official Says The Fed Must Act Accordingly

National Economic Council Director Kevin Hassett said there is no argument to raise interest rates after inflation rose less than expected in June.

International Business Times

Trump Wants Lower Gas Prices, but Refineries Face Heat Waves, Iran War and a Russia-Ukraine 'Wild Card,' Analyst Says

While President Donald Trump has warned the oil companies to reduce gas prices at the pump to reflect the drop in crude oil costs, GasBuddy analyst Patrick De Haan says reducing fuel costs might be more complicated than it seems.

Benzinga

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Benzinga

Kevin Hassett Says Gas Prices Will Drop Once Strait Of Hormuz Traffic Returns To Normal—Democrat Senator Calls Recent Price Hike 'Unacceptable'

President Donald Trump‘s top economic advisor, Kevin Hassett, said on Monday that gas prices in the U.S. will come down to pre-Iran war levels once the traffic through the Strait of Hormuz moves normally.

Benzinga

Trump Accounts Could Land An Unexpected Boost As SpaceX Reportedly Weighs Stock Donation

Space Exploration Technologies Corp. (NASDAQ:SPCX) is reportedly in talks with the Trump administration about a potential donation to the Trump Accounts, a savings initiative for children.

International Business Times

Trump Eases Pressure On Fed Chair Kevin Warsh As Inflation Climbs, Analysis Claims

The Trump administration is giving new Federal Reserve Chair Kevin Warsh more room to navigate elevated inflation, even as President Donald Trump continues to publicly favor lower interest rates.

The Conversation

US defies forecasts of economic slowdown, but its growth isn’t making ordinary people better off

US economic growth is picking up again after a slowdown towards the end of 2025. According to price data released on May 28, US GDP grew by 1.6% year-on-year in the first quarter of 2026. This is despite energy prices rising and consumer confidence falling since the US president, Donald…

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The Independent UK

Trump’s economic chief says inflation is falling. Data says otherwise

In April, inflation reached its highest level in three years

AAP

FACT FOCUS: Is inflation a red state vs. blue state issue? It's increasing no matter how you cut it

Inflation is rising again, squeezing budgets and making essentials harder to afford

The Guardian - UK

Americans should be reassured by high prices, apparently. Does Trump’s team really think we’re that stupid?

According to chief economic adviser Kevin Hassett, living in the world’s richest superpower and witnessing food, electricity and housing become luxury items is a good thing

We Got This Covered

Donald Trump’s economic adviser says that Americans spending more on gas and groceries is a sign they are ‘optimistic about the future’

A different read on the data.

International Business Times UK

Trump's Top Economic Adviser Tells Americans Spending More on Everything Is a Sign They're 'Hopeful For the Future'

Kevin Hassett says higher spending on essentials signals optimism, but data shows record-low consumer sentiment and growing financial worries amid rising fuel costs.

The Independent UK

Three out of five Americans are cutting items from grocery lists as food prices continue to rise

Many Americans have had to change up their grocery lists or cut back on extras due to high prices, according to a poll

The Independent UK

Trump’s top economic adviser says Americans are ‘very optimistic’ about economy

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