After its deal with Intel, the US could be paving a new way to build wealth by investing in more private companies.US President Donald Trump’s top economic adviser, Kevin Hassett, said on Monday that more such investments may follow.Hassett, who heads the National Economic Council, told CNBC that Trump’s push for a sovereign wealth fund […]
US treasury secretary Scott Bessent (Image credits: AP) US President Donald Trump said Tuesday that Treasury Secretary Scott Bessent is no longer being considered to replace Jerome Powell as Chair of the Federal Reserve, after Bessent expressed his desire to remain in his current role.“I love Scott, but he wants to stay where he is,” […]
File photo: Federal Reserve Chair Jerome Powell (Picture credit: AP) WASHINGTON: US President Trump has the authority to fire Federal Reserve chair Jerome Powell for cause if evidence supports that, White House economic adviser Kevin Hassett said Sunday, adding the Fed “has a lot to answer for” on renovation cost overruns at its Washington headquarters. […]
File photo: US President Donald Trump (Picture credit: AP) US President Donald Trump has seen some trade deal offers and thinks they need to be better, White House economic adviser Kevin Hassett said on Sunday, adding that Trump will proceed with threatened tariffs on Mexico, the EU and other countries if they don’t improve. “Well, […]
Markets turned green riding on rumors that Trump would consider a 90-day pause on tariffs. Stock markets turned green for a brief moment Monday morning after reports claimed that President Donald Trump is not ruling out a pause on the tariffs. To be more specific, it was reported that a 90-day pause is what the […]
Kevin Hassett defends Donald Trump White House National Economic Council Director Kevin Hassett came out defence of President Donald Trump‘s trade policies, dismissing concerns about increased costs for American consumers amid the massive backlash and recession fears.“So the fact is, the countries are angry and retaliating — and, by the way, coming to the table. […]
