Hassett ‘100% Not’ Expecting a US Recession This Year
- Kevin Hassett, Director of the National Economic Council, stated that the U.S. Is "100% not" expecting a recession this year despite mixed opinions among CEOs.
- An industry group survey revealed that 62% of U.S. CEOs predict a recession or economic downturn in the next six months.
- Hassett denied insider trading linked to Trump's tariff policies, emphasizing that proper authorities will investigate stock market movements.
- Congressional Democrats have called for an investigation into potential market manipulation following stock surges after Trump eased tariffs.
13 Articles
13 Articles
Hassett Says There’s 100% Not A Chance Of Recession In 2025
National Economic Council Director Kevin Hassett dismissed recession fears Monday, claiming there’s “100% not” a chance the U.S. will face one in 2025. Speaking to Fox Business, Hassett touted “amazing” trade deal offers from over 10 countries following President Trump’s sweeping tariffs, and insisted there was no insider trading linked to Trump’s abrupt tariff pause last week. NEC Director Kevin Hassett: We've got more than 10 deals where there…
Hassett ‘100% Not’ Expecting a US Recession This Year
White House National Economic Council Director Kevin Hassett dismissed the idea of a recession looming this year, countering some Wall Street forecasts of an economic downturn resulting from the steep tariff hikes being imposed by President Donald Trump.
Trump Aide Teases ‘Amazing’ Tariff Deal Offers
“National Economic Council director Kevin Hassett said more than 10 countries have made “amazing” trade deal offers to the United States after President Donald Trump imposed new tariffs,” CNBC reports. He also “denied there was any insider trading by Trump or White House officials ahead of the president’s monthslong pause in so-called reciprocal tariffs last week.”
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