{"id":8624,"date":"2024-11-27T02:08:57","date_gmt":"2024-11-27T02:08:57","guid":{"rendered":"https:\/\/finderica.com\/donald-trump-selects-kevin-hassett-to-lead-national-economic-council\/"},"modified":"2024-11-27T02:08:57","modified_gmt":"2024-11-27T02:08:57","slug":"donald-trump-selects-kevin-hassett-to-lead-national-economic-council","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=8624","title":{"rendered":"Donald Trump selects Kevin Hassett to lead National Economic Council"},"content":{"rendered":"<div id=\"RegularArticle-ArticleBody-5\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<div class=\"InlineImage-imageEmbed\" id=\"ArticleBody-InlineImage-106586877\" data-test=\"InlineImage\">\n<div class=\"InlineImage-wrapper\">\n<div>\n<p>White House Council of Economic Advisers Chairman Kevin Hassett addresses reporters during the daily briefing at the White House in Washington, U.S. February 22, 2018.<\/p>\n<p>Jonathan Ernst | Reuters<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>President-elect\u00a0Donald Trump\u00a0picked Kevin Hassett\u00a0to lead the National Economic Council, a role that puts him at the center of the administration&#8217;s policy-making discussions from trade to taxes and deregulation.<\/p>\n<p>The move brings Trump closer to rounding out his economic team, with U.S. trade representative being the last of the key positions left.<\/p>\n<p>Trump made the <a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/113552351346436529\" target=\"_blank\" rel=\"noopener\">announcement<\/a> in a post on Truth Social.<\/p>\n<p>During Trump&#8217;s first administration, Hassett served as the chairman of the Council of Economic Advisers for two years, supporting the Republican&#8217;s corporate tax cuts and defending Trump&#8217;s punitive tariffs.<\/p>\n<p>The 62-year-old Hassett also worked with Trump&#8217;s son-in-law\u00a0Jared Kushner\u00a0on immigration and backed a move to end waivers of sanctions for countries that buy Iranian oil.<\/p>\n<p>The appointment came as Trump renewed his vow to raise tariffs by an additional 10% on all Chinese goods coming into the U.S. and impose tariffs of 25% on all products from Mexico and Canada. Such a move would\u00a0<a href=\"https:\/\/www.investopedia.com\/usmca-4582387\" target=\"_blank\" rel=\"noopener\">end a regional free trade agreement<\/a>.<\/p>\n<p>Trump is set to be inaugurated as the next U.S. president on Jan. 20. He cited illegal immigration and illicit drug trade as reasons for the tariffs.<\/p>\n<p>Hassett previously served as a scholar of fiscal policy at the conservative\u00a0American Enterprise Institute think tank before Trump nominated him to the White\u00a0House role in 2017.<\/p>\n<p>Late last week, Trump signaled his intention to nominate Scott Bessent, founder of hedge fund Key Square Group and a seasoned market pro, as his Treasury secretary.<\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/11\/26\/donald-trump-selects-kevin-hassett-to-lead-national-economic-council-.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>White House Council of Economic Advisers Chairman Kevin Hassett addresses reporters during the daily briefing at the White House in Washington, U.S. February 22, 2018. Jonathan Ernst | Reuters President-elect\u00a0Donald Trump\u00a0picked Kevin Hassett\u00a0to lead the National Economic Council, a role that puts him at the center of the administration&#8217;s policy-making discussions from trade to taxes<\/p>\n","protected":false},"author":1,"featured_media":8625,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[546,2274,729,3052,3051,2916,1345,3050,563],"class_list":{"0":"post-8624","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-council","9":"tag-donald","10":"tag-economic","11":"tag-hassett","12":"tag-kevin","13":"tag-lead","14":"tag-national","15":"tag-selects","16":"tag-trump"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/8624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8624"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/8624\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/8625"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}