National Economic Council

White 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...

Lael Brainard, the former vice chair of the Federal Reserve and current director of the National Economic Council, spoke at a Detroit Economic Club event Monday and discussed the current economic climate and why inflation has remained sticky. While she acknowledged that inflation has fallen from...

National Economic Council (NEC) director Lael Brainard appeared on CNBC Friday morning, touting President Joe Biden‘s economic plan amid budget concerns and new job data. Nonfarm Payroll Data: The Bureau of Labor Statistics reported nonfarm payrolls had increased by 272,000 in May, far above...

President Donald Trump said his administration is planning a new tax reduction of 10 percent targeted at the middle class — although Congress is not in session. With details still scarce, National Economic Council Director Larry Kudlow said Tuesday that the tax cut is in the planning...

National Economic Council Director Larry Kudlow expressed confidence in the country's economic boom, took jabs at China's trade relationship with the U.S. and offered advice to the Motor City in remarks Thursday to the Detroit Economic Club.  Tax Cuts “It’s only a year into...

A court rejection of a proposed $37 billion mega-merger between healthcare giants Aetna Inc (NYSE: AET) and Humana Inc (NYSE: HUM) and President Donald Trump’s critical commentary surrounding the proposed AT&T Inc. (NYSE: T) merger with Time Warner Inc (NYSE: TWX) may have investors...

The financial technology segment, which includes companies that lend money online to firms that process electronic payments, had gone quite a long time without catching the attention of government regulators. However, this grace period has come to an end. According to a Financial Times article,...

Is the market heading for a boom, a bust or something else entirely? Friday's first panel at the 2015 SALT conference consisted of economists from all over the world. Matthew Bishop, globalization editor for the Economist, served as the panel moderator. Panelists included Jose Luis Daza, founder...