Kevin Hassett
Coverage of Kevin Hassett in the Nexus archive.
- Atlanta Fed chief selection delay gives Warsh a say
The Federal Reserve Bank of Atlanta delayed selecting a new president until Kevin Warsh's appointment as Fed chairman, allowing him to influence the choice of an official who will vote on interest rates in 2027. The process, paused after Warsh's swearing-in, has drawn attention from Trump administration officials, including Treasury Secretary Scott Bessent and Kevin Hassett, amid broader efforts to reshape the central bank. Candidates interviewed include Rebecca Patterson, Marc Sumerlin, and Michael Faulkender.
- FACT FOCUS: Is inflation a red state vs. blue state issue? It’s increasing no matter how you cut it
Inflation in the U.S. is rising nationwide, with a 3.8% annual rate in April 2025. Claims that blue states like New York and California uniquely drive inflation are false, as all Census Bureau regions show elevated inflation rates influenced by global gas prices and shipping costs. Red states also experience high inflation, with some exceeding the national average.
- Trump Drew the Right Map for AI Oversight, but Stopped at the Trailhead
President Donald Trump's June 2 Executive Order on AI prohibits mandatory licensing for AI models but establishes a cybersecurity benchmark framework for evaluating frontier AI risks. The order addresses debates over regulatory approaches, including comparisons to an FDA-like model, while leaving pre-deployment reviews non-mandatory.
- Americans should be reassured by high prices, apparently. Does Trump's team really think we're that stupid | Arwa Mahdawi
Trump's chief economic adviser Kevin Hassett claims high prices for food, electricity, and housing are positive, despite a record-low consumer sentiment index. The article critiques Hassett's assertion, suggesting it dismisses public economic concerns as politically motivated.
- Hassett predicts oil will flow through Strait of Hormuz in ‘a month or two’
National Economic Council Director Kevin Hassett predicted that oil shipments will resume passing through the Strait of Hormuz in 'a month or two' amid the U.S.-Israeli conflict in Iran. He stated there is 'a lot more traffic' through the strait currently.
- White House economic director downplays economic anxiety amid higher prices
Kevin Hassett, the White House economic director, downplays economic anxiety despite higher prices and inflation. He states that real income is increasing.
- Hassett: Energy prices will drop ‘like nothing you’ve ever seen before’ when strait is reopened
National Economic Council Director Kevin Hassett predicted energy prices will plummet significantly once the Strait of Hormuz reopens. He emphasized the dramatic drop but could not discuss ongoing negotiations or strikes.
- Full transcript of "Face the Nation with Margaret Brennan," May 24, 2026
The May 24, 2026 episode of 'Face the Nation with Margaret Brennan' includes discussions with Kevin Hassett, White House National Economic Council director, and Sen. Chris Van Hollen (D-Md.) on economic policies.
- Trump economist points to 'great signs' of easing inflation, predicts fuel costs will 'plummet' with Iran deal
Trump's National Economic Council Director Kevin Hassett predicts fuel prices will 'plummet' following a potential Iran deal to reopen the Strait of Hormuz, citing 'great signs' of easing inflation. The article also notes the recent appointment of Trump-nominated Kevin Warsh as Federal Reserve chair and mentions Saudi Arabia and the UAE's potential oil reserves coming online.
- Kevin Hassett says "consumer sentiment" should be renamed "political sentiment"
Kevin Hassett, director of the White House National Economic Council, suggested renaming 'consumer sentiment' to 'political sentiment' during a 'Face the Nation' interview, arguing it is influenced more by political factors than consumer behavior. This statement came as the Dow Jones reached a record high while consumer sentiment hit a historic low.
- Face the Nation: Hassett, Birx, Swenson and Williams
The news segment 'Face the Nation' featured White House National Economic Council Director Kevin Hassett, Dr. Deborah Birx, and Medal of Honor recipients retired Army Lt. Col. William Swenson and retired Army Command Sergeant Major Matthew Williams. The article notes the second half of the show included these key figures.
- Transcript: Kevin Hassett on "Face the Nation with Margaret Brennan," May 24, 2026
Kevin Hassett, director of the White House National Economic Council, was interviewed on 'Face the Nation with Margaret Brennan' on May 24, 2026. The transcript provides details of his appearance on the CBS news program.
- Transcript: Kevin Hassett on "Face the Nation with Margaret Brennan," May 24, 2026
The article provides the transcript of an interview with Kevin Hassett, director of the White House National Economic Council, from his appearance on 'Face the Nation with Margaret Brennan' on May 24, 2026.
- "Face the Nation with Margaret Brennan" guests for May 24, 2026
The May 24, 2026 episode of 'Face the Nation with Margaret Brennan' features Sen. Chris Van Hollen, White House National Economic Council Director Kevin Hassett, and former White House Coronavirus Task Force Coordinator Dr. Deborah Birx as guests.
- Kudlow tells Hassett inflation number was ‘lousy’
Fox Business host Larry Kudlow told National Economic Council Director Kevin Hassett that the rising annual inflation rate is 'lousy'. The consumer price index rose 3.8 percent over the past 12 months and 0.6 percent in April alone. This comes as the Trump administration seeks to defend its economic agenda.
- AI executive action stalled by White House infighting
The White House has stalled on taking executive action on AI regulation due to infighting among administration officials and a looming China summit. The administration is considering safety reviews of new AI models, but there is no clear consensus on how to approach the issue. The industry is awaiting guidance on how to handle future model breakthroughs.
- Hassett predicts Powell will leave Fed if he’s ‘happy’ with IG report
Kevin Hassett expects Jerome Powell to leave the Federal Reserve if he's satisfied with an internal report on renovations, which have been criticized by President Trump. Powell's term as chair expires this month. The report's outcome may influence Powell's decision to stay or leave.
- White House economist projects GDP growth could top 5% amid capital spending boom
A top Trump economic advisor projects a surge in U.S. growth, with GDP expansion potentially greater than 5% or even 6% amid a capital spending boom. The advisor, Kevin Hassett, attributes the growth to the Trump administration's tax policies and onshoring efforts. He also expects gas prices to fall in the near future due to increased oil supply.
- What's behind Washington's AI safety pivot
The Trump administration is considering executive actions to regulate AI development and deployment, ahead of President Trump's trip to China. The administration may introduce guardrails for advanced AI models and explore international regulatory regimes. This could mark a turning point in the White House's approach to AI security.
- Spooked by Mythos, Trump suddenly realized AI safety testing might be good
The Trump administration has signed agreements with Google DeepMind, Microsoft, and xAI to conduct government safety checks on their AI models. This comes after Anthropic announced it would not release its latest Claude Mythos model due to safety concerns. The administration may issue an executive order mandating government testing of advanced AI systems prior to release.
- Hassett: White House may review AI models ‘like an FDA drug’
The White House is considering an executive order to require AI models to go through an evaluation process similar to the FDA. This comes as the Trump administration grapples with a new advanced AI model called Mythos. The potential order would be led by National Economic Council Director Kevin Hassett.
- Full transcript of "Face the Nation with Margaret Brennan," May 3, 2026
White House Economic Council Director Kevin Hassett and Senator Raphael Warnock join Margaret Brennan on Face the Nation. The discussion features key figures in economics and politics. The broadcast is hosted by Margaret Brennan.
- Hassett says he was ‘very involved’ in potential Spirit bailout, says legal team ruled out a lifeline
Kevin Hassett, Director of the White House National Economic Council, stated he was heavily involved in the Trump administration's consideration of a bailout for Spirit, but legal teams determined the plan was not feasible. The administration ultimately ruled out providing financial assistance to the company.
- Hassett: Energy shocks from Iran war will affect airline profits for at least a quarter
White House National Economic Council Director Kevin Hassett stated that energy shocks from the Iran war will negatively impact airline profits for at least a quarter. However, he noted that airlines are currently in a strong financial position. This follows Spirit Airlines' decision to cease operations.
- Transcript: Kevin Hassett on "Face the Nation with Margaret Brennan," May 3, 2026
Kevin Hassett, the White House National Economic Council Director, participated in an interview on 'Face the Nation with Margaret Brennan' on May 3, 2026. The transcript details his discussion, though no specific policy or economic topics are mentioned in the provided summary.
- Transcript: Kevin Hassett on "Face the Nation with Margaret Brennan," May 3, 2026
The transcript of an interview with White House National Economic Council Director Kevin Hassett on 'Face the Nation with Margaret Brennan' aired on May 3, 2026. The interview focused on economic policy discussions as part of the administration's agenda.
- Kevin Hassett: Energy shocks will "affect profits for the airlines for the next quarter or so"
White House National Economic Council Director Kevin Hassett stated that while rising fuel prices contributed to Spirit Airlines' bankruptcy, energy shocks have minimal long-term effects on other airlines. He acknowledged short-term profit impacts for airlines lasting 'a quarter or so.'
- 5/3: Face The Nation
This week's episode of 'Face the Nation' features White House National Economic Council Director Kevin Hassett, Minneapolis Fed president Neel Kashkari, and Sen. Raphael Warnock discussing rising gas prices and Spirit Airlines' shutdown.
- 5/3: Face The Nation
This week's 'Face the Nation with Margaret Brennan' discusses rising gas prices and Spirit Airlines' shutdown, featuring White House National Economic Council Director Kevin Hassett, Minneapolis Fed president Neel Kashkari, and Sen. Raphael Warnock.
- Open: This is "Face the Nation with Margaret Brennan," May 3, 2026
The May 3, 2026 episode of 'Face the Nation with Margaret Brennan' discusses rising gas prices and the shutdown of Spirit Airlines. Guests include White House National Economic Council Director Kevin Hassett, Minneapolis Fed president Neel Kashkari, and Sen. Raphael Warnock.
- "Face the Nation with Margaret Brennan" guests for May 3, 2026
The May 3, 2026, episode of 'Face the Nation with Margaret Brennan' features guests including Kevin Hassett of the White House National Economic Council, Democratic Sen. Raphael Warnock of Georgia, Rep. Jason Crow of Colorado, Minneapolis Fed President Neel Kashkari, and Chevron CEO Mike Wirth.
- Hassett speaks on Policy and the Path to Rate Cuts
The article discusses Kevin Hassett's comments on policy decisions and the potential trajectory toward interest rate cuts. No specific details or quotes from the speech are provided in the content.
- Hassett Says He Supports Fed Chair Powell Staying On ‘Pro Tempore’
Kevin Hassett, a former White House economist, expressed support for Federal Reserve Chair Jerome Powell remaining in his position on a temporary basis. The statement highlights backing for Powell's leadership amid ongoing discussions about his tenure.
- Krugman on Hassett economic growth projections: ‘We haven’t had that in generations’
Nobel Prize-winning economist Paul Krugman criticized National Economic Council Director Kevin Hassett's claim that Trump's policies will drive 4-5% economic growth. Krugman argued such projections are unprecedented and unlikely.
- White House confident Warsh will start as Fed chair in May
The White House expressed confidence that Kevin Warsh will be confirmed as Federal Reserve chair in May. NEC Director Kevin Hassett affirmed the nomination is on track, calling Warsh a 'top tier candidate' despite acknowledging current economic challenges.