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0 0.0003441550992314 0.001720775496157 0.000229436732820879 -0.0010324652976942 0.00619479178616504 0.00619479178616504 0.00619479178616504
Stock impact report

Who is Kevin Hassett? The rumored Fed pick says inflation is ‘way down,' sees ‘political bias' in jobs data, and suggested firing Powell over a renovation [Fortune]

StoneX Group Inc. (SNEX) 
Company Research Source: Fortune
Prediction markets are leaning his way , President Donald Trump cheekily hinted that he “knows who he's going to pick,” and the White House said they are aiming for a Christmas reveal. But among the economists and former colleagues who've known him for years, the reaction ranges from enthusiastic to deeply uneasy. Recommended Video To his supporters, Hassett is a brilliant policy architect and, as longtime ally Stephen Moore puts it, a “hard money guy” who will defend the dollar. To some of his former peers, however, he has morphed into something far more concerning as an advisor to the president: a political loyalist willing to sacrifice institutional independence—and objective truth—to please his boss. Hassett has become a regular presence on cable news, defending Trump's policy priorities, downplaying unfavorable data, and echoing the White House line on everything from inflation to the legitimacy of federal statistics. Earlier in November, the NEC Director insisted that infl Show less Read more
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