Zandi Sees Little Economic Policy Change After Democrats Win Congress
6 Articles
6 Articles
Trump is concerned that the positive momentum we have achieved can be reversed by the Democrats now that they have assumed more power,” said Hassett.
A White House economic adviser affirmed that the US administration has no plans to change economic policy and that the President is prepared to use his veto power to protect his agenda.
White House National Economic Council Director Kevin Hassett asserted that the Democratic victory does not represent a rejection of President Trump's supply-side stimulus policies. US Election: Democrats expand control over state governments. Russia and South Korea outline policy directions after US midterm elections. US Election 2026: Unpredictable Variables.
He expressed his belief that the victory of the Democrats does not call into question Trump's policy of economic incentives, reminding that the president has the right to veto laws passed by Congress. Hassett stated that the current administration's measures contributed to the creation of 165,000 new jobs in October, but warned that a Democratic victory could threaten the positive economic trends. In the elections held on November 3, Americans e…
It would be naive to say that Trump's defeat was greeted with enthusiasm by investors or the opposite. In fact, everyone is trying to assess the consequences and predict whether and how much the US president's approach to key economic policy issues - and beyond - might change.
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