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President Trump Wants To Replace Income Tax With Tariffs, National Economic Council Director Kevin Hassett Says
Friday, March 7, 2025 - 5:39pm | 485White House National Economic Council Director Kevin Hassett appeared on Bloomberg Television Friday and said that President Donald Trump wants to replace income tax revenue with tariff revenue. “The President believes if we can replace income tax revenue with tariff revenue, we can...
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Cuban Vs Ackman, Dalio's Advice To China, Krugman's Warning, And More: This Week In Economics
Sunday, October 20, 2024 - 6:00am | 580This week was a whirlwind of financial news, with billionaires clashing over political policies, renowned investors offering advice to world leaders, and economists warning against potential economic pitfalls. Let’s dive into the top stories that made headlines. Mark Cuban And Bill Ackman...
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Trump's Potential Federal Reserve Pick Defends Rate Cuts After Ex-President Slammed Jerome Powell's Move
Friday, October 18, 2024 - 7:47am | 554Donald Trump‘s potential nominee for the Federal Reserve, Kevin Hassett, has defended the central bank’s recent interest rate reduction, despite Trump’s criticism. What Happened: Hassett, a former Trump economic adviser, justified the half-point rate cut citing a weakening jobs...
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If Trump Returns, These Three Candidates Will Be The Top Choice To Replace Jerome Powell, Say Ex-President's Advisors
Monday, March 18, 2024 - 2:51am | 600In a recent meeting, former President Donald Trump was presented with a list of potential candidates to replace Jerome Powell as the head of the Federal Reserve. This list was put forward by influential economic advisers, who are also considering a potential second term for Trump. What Happened:...
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Trump Economic Advisor Says 'Heck Of A Lot Of US Companies' Have Trade War Earnings Risk
Thursday, January 3, 2019 - 2:05pm | 403The broad markets traded lower by 1.5 percent Thursday after tech giant Apple, Inc. (NASDAQ: AAPL) cut its guidance and said the ongoing U.S. trade war with China will be impacting is China business in 2019. As the market digests the Apple news, one man says the Apple guidance cut is...