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Economist Kevin Hassett Backs Trump Policies Amid Fed Chair Bid

12/30/2025

Summary

Story summary

Kevin Hassett, an economist and former adviser to Republican campaigns, now backs tariffs and deportations under U.S. President Donald Trump.
Hassett argues deportations boost the labor market by creating jobs for native-born Americans.
Hassett is a leading candidate to replace Jerome Powell as chair of the Federal Reserve.
He faces scrutiny over whether his loyalty to Trump would affect his independence.
The Fed chair announcement is expected in early 2026.

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Story summary

Kevin Hassett, an economist and former adviser to Republican campaigns, now backs tariffs and deportations under U.S. President Donald Trump.
Hassett argues deportations boost the labor market by creating jobs for native-born Americans.
Hassett is a leading candidate to replace Jerome Powell as chair of the Federal Reserve.
He faces scrutiny over whether his loyalty to Trump would affect his independence.
The Fed chair announcement is expected in early 2026.