Advertisement
Advertisement
-
TOPIC
 / people

Kevin Hassett

Kevin Hassett
The latest news and top stories on Kevin Hassett. An American economist, he currently serves as Director of the National Economic Council, a role he assumed in January 2025. Previously, he was the 29th Chair of the Council of Economic Advisers from 2017 to 2019 and a Senior Advisor during the COVID-19 pandemic. Hassett is known for his expertise in tax policy, business investment and trade, having authored numerous papers. He has also advised multiple presidential campaigns and is a leading contender for the Federal Reserve chair in 2026.
Workers rebuild a home in Altadena, California, on Friday. The US construction sector lost 11,000 jobs in February. Photo: AFP
United States

US sheds 92,000 jobs in warning sign for Trump’s economy

Unemployment crept up, while job numbers showed a surprise reversal from growth in the previous month.

videocam
United States

US job market defies Trump policy fears with January growth

videocam
13
United States

Trump picks former Federal Reserve official Kevin Warsh to chair US central bank

videocam
US Federal Reserve

Before Trump’s Fed pick, a new clear favourite emerges for chair

Betting markets show shiny odds for a former governor, with a prominent asset manager trailing a distant second as the announcement looms.

Who will replace Jerome Powell as the next chair of the US Federal Reserve? Photo: Reuters
United States

Trump’s freewheeling Davos speech stirs unease among global audience

Harsh rhetoric from the US leader at forum combined threats towards allies with praise for traditional adversaries during a 70-minute talk.

videocam
17
Greenland

Europe prepares retaliation over Trump’s Greenland ultimatum

Eight European countries consider US$108 billion retaliation and ‘anti-coercion’ tools after Trump vows tariffs on Europe over Arctic island.

40
Advertisement
Advertisement
Advertisement
US Federal Reserve

Trump says preferred Fed pick is ready, again teases firing Powell

US president urges Jerome Powell to resign as he considers a ‘gross incompetence’ lawsuit against the Fed leader.

US President Donald ‍Trump has renewed his ​threat ⁠to bring a lawsuit against Federal Reserve Chair Jerome Powell. Photo: Reuters
Venezuela

US pursues third oil tanker as Trump’s Venezuela ‘blockade’ intensifies

US Coast Guard shadows a sanctioned ‘dark fleet’ supertanker as Washington moves to choke off Venezuela’s oil revenue.

22
United States

US Fed delivers quarter-point rate cut as policymakers weigh inflation outlook

Move falls short of Trump’s demands as debate over Fed independence intensifies and markets brace for global spillover effects.

videocam
China trade

‘Strong breakwaters’: China’s central bank vows to shield from external shocks

Governor Pan Gongsheng says policy must prioritise the domestic economy, warning against ‘excessive policy swings’ that could undermine long-term stability.

People’s Bank of China governor Pan Gongsheng has said that monetary policy must balance internal and external pressures. Photo: Getty Images
Hong Kong stock market

Hong Kong stocks’ gains slow amid signs of China slowdown

Rebound may carry on after some consolidation, as investors eye Beijing policy support towards the end of the year, analyst says.

People walk past Exchange Square in Central, home of Hong Kong’s bourse operator Hong Kong Exchanges and Clearing, on March 28, 2025. Photo: Matthew Miller
Yuan

China sets strongest yuan fix in over a year as Fed-cut bets rise

China’s currency is outperforming the euro and yen despite economic headwinds, with analysts pointing to Beijing’s geopolitical leverage as the driver.

United States

Trump eyes Christmas deadline to name new Fed chair: Bessent

The US treasury secretary says simplifying the Fed is key, as he conducts interviews with the five candidates to succeed Chair Jerome Powell.

videocam
United States

Shutdown crippled US jobs report, so no unemployment rate: Trump adviser

National Economic Council Director Kevin Hassett also said he expects the government closure to reduce fourth-quarter GDP by 1.5 per cent.

Director of the US National Economic Council Kevin Hassett speaks to reporters outside the White House last month. Photo: AFP
United States

Shutdown chaos could see US air travel fall to a ‘trickle’, transport secretary warns

Thousands more flights cancelled or delayed as passengers face chaos triggered by the federal government shutdown.

A plane lands at Los Angeles International Airport. Photo: EPA
United States

38-day US government shutdown far worse than expected: Hassett

White House adviser Kevin Hassett told reporters he expects an economic recovery after the government reopens, but did not declare a recession.

Canada

Canadians pull Reagan anti-tariff ad after furious Trump scraps trade talks

Ontario Premier Doug Ford says he spoke with PM Mark Carney and will pause the ad so negotiations can resume.

4
Advertisement
Advertisement
Advertisement
US-China relations

Trump downplays Beijing threat to Taiwan as Australia touts rare earths deal

At White House meeting with counterpart, US leader praises ties with Xi and disses Aussie envoy after 10-month delay to seal minerals deal.

videocam
46
US President Donald Trump greets Australian Prime Minister Anthony Albanese at the White House on Monday. Photo: AFP
United States

US begins sending nuclear workers home as shutdown drags on

Some 1,400 NNSA federal employees are being placed on unpaid furlough as the US endures its longest full government shutdown ever.

United States

US shutdown near end after ‘No Kings’ rallies: Hassett

White House adviser expects shutdown to end this week, citing ‘bad optics’ for Democrats during ‘No Kings’ rallies; hints at cuts if it persists.

US-China trade war

Trump team presses unlikely buyers to snap up US soybeans

Since China stopped buying US soybeans, Donald Trump is pushing countries like India to boost purchases while weighing a multi-billion-dollar farm bailout.

videocam
72
A farmer handles soybeans from a field in the US state of Indiana. Photo: AP
Intel

Trump wants more investment deals like Intel’s, worrying business community

The White House announced a near-10 per cent stake in chipmaker Intel on Friday that converts government grants into an equity share.

6
An Intel logo and a computer motherboard. Photo: Reuters
United States

Macroscope | Trump’s crusade against the Fed turning US into an emerging market

If Trump continues to challenge the independence of the US central bank, markets will have to stop giving his behaviour a free pass.

videocam
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement