National Economic Council - Febspot

National Economic Council

A collection of 2 posts

Hassett’s loyalty to Trump became a liability as Warsh is named Fed nominee — Static01.nyt.com

Hassett’s loyalty to Trump became a liability as Warsh is named Fed nominee

Kevin A. Hassett, long viewed as a front-runner to lead the Federal Reserve, lost out on Friday when President Trump named Kevin M. Warsh as his Fed nominee, and Mr. Hassett will remain director of the National Economic Council, The New York Times reported. Mr. Hassett’s close ties to

White House downplays November rise in unemployment, highlights private gains — Static01.nyt.com

White House downplays November rise in unemployment, highlights private gains

The White House on Tuesday sought to recast a dour November jobs report as a sign of economic progress, shrugging off an uptick in the nation’s unemployment rate and other potential hints of weakness. The government reported the jobless rate rose to 4.6 percent in November, up from