Former Council of Economic Advisers Chairman Kevin Hassett discussed the state of the U.S. economy, the significance of the September 11 anniversary, and key economic policy proposals from Donald Trump’s campaign. Addressing recent inflation figures, Hassett evaluated the Federal Reserve’s trajectory regarding potential interest rate cuts amid signs of moderating price growth. He also analyzed proposals concerning direct financial relief, including proposed $5,000 payments or expanded family tax credits, assessing their budgetary feasibility and potential effects on broader economic expansion and national fiscal stability.
- Hassett reflected on the enduring economic resilience of the United States in the decades following the September 11 attacks.
- He reviewed the latest consumer price data, noting progress on headline inflation alongside lingering concerns in core service sectors.
- The interview addressed expectations for Federal Reserve monetary policy, focusing on the timing and scale of anticipated interest rate adjustments.
- Hassett commented on the feasibility and potential economic impact of proposed $5,000 family payments or child-related tax credits.
- He emphasized the role of supply-side policies, regulatory relief, and targeted tax measures in driving sustainable long-term economic growth.
Bloomberg is a privately held financial, software, data, and media company headquartered in New York City.
Official website: https://www.bloomberg.com/
Original video here.
This summary has been generated by AI.
Fed Chair Interview
Trump: How do you decide interest rates?
Hassett: I ask you?
Trump: That is the correct answer.
An administration of pedos, thieves, liars, and clowns!
the fiscally responsible thing will be to cut deficit not increase it, bro got the liz truss vibe going, lol
And use a fucking hammer
So about that $5,000 I don't care we're never going to see it it's definitely a bribe and would be highly illegal he can say what he likes.. 😅
Now I would like to talk about why in the world would they put Hassan Parker's junk up on the jumbotron at the RNC event.
😅 Can we please talk about how closeted homosexual these people are.
How do you know the RNC is in town?
Grinder crashes.
1:25 moment of silence is appropriate?? Have you checked with Rump?
He is utterly livid that he has to keep silent during the ceremony and skipped it altogether…
Unless your CPI starts showing a great reduction then your economy is going no-where- Hassett is bullshitting saying you are hitting target, what nonsense
And do it in public
3:10 surely rump has an opinion about it. But what about your opinion of the Rump's opinion?😂
How is America doing so good? Only Trump and his buddies are. If were doing so well financially then give the money now. On top of my tariff and DOGE check!
Hassett: " Yes we both know that this is chicken shit that I am making chicken salad with, but if I tell you it is good you will eat it because we think the American people are morons."
Is this guy for real ? I mean seriously…. here we have the "National Economic Council Director"…. attempting to espouse or 'rationalize" some pie in the sky $5,000 Cheque fantasy spouted by our Idi*t in chief ?????? is this guy drunk ? or does he think everyone else is ? All the while STILL blaming Joe Biden…. my gawd.
his mouth is moving again, you know what that means.
"It's decelerating, but this UPTICK" soooo it's actually not decelerating you stupid clown
Trump is also going to promise a free pony for all the children.
Cost of living increases for most Americans was around $8,000/year (before the illegal war), but they're going to give you $5,000 of your own money back…
The math isn't mathing.
Pay your debt, parasites..
They promised $2k back to consumers from tariffs, companies got their money back after supreme ct desicion, consumers paid for that and got nothing back from that promise. Now gas is back to $4.20 per gallon 😢
bloomberg pretending any of what he said or what Trump is doing to the country is normal would make Goebbels blush.
Why is it that Hassett and Bassent all have the same facial expression of the Raiders of the Ark interrogator . Like there is something you can't see that is just behind the smile that is slithering and insidious
Bozo the Clown would be an improvement over Hassett.
Methinks he forgot to wipe the orange off his lips.
This guy is such an ass
This administration is full of unserious people, The US is doomed with these guys in charge.
But WAIT – we are going to have $2.00 gas in 2 weeks … just wait. "Deep State"? We currently are IN THE DEEPEST STATE THAT THERE EVER HAS BEEN!
Hassett is wearing down! 🙂
If Hassett is smart he should think about his career after the Trump admin….He's lost any credibility by mouthing Trump's lies!
How much is the DOGE check that we’ve never received? All the money that I paid in increase shipping internationally and increase pricing for clothing and everything else I purchased for the past year because of tariffs went to the companies, not me. Nobody got a tariff check and now we’re gonna get a return check of $5000 for a country who cannot pay against the deficit only interest because the megalomaniac in charge has increased national debt to $30 trillion so we’re gonna add another 2 trillion
Why tf are we still blaming BIden? Put on your big boy pants and OWN YOUR SHIT.
The way you work through it appears to be: Starting wars, and screwing over your allies….. This Epstein class needs to be held responsible.
Most punchable face ever?