White House economist teases the ‘biggest’ fiscal reform ‘America has ever seen’

Published On Jan 28, 2025, 1:00 PM

Kevin Hassett, director of the National Economic Council, predicts that the upcoming fiscal reforms under the Trump administration could be the most significant in U.S. history. The reforms are expected to focus on trade, energy, deregulation, and tax cuts. Hassett argues that these changes will facilitate a supply-side economic strategy that includes corporate tax rate negotiations and increased domestic production, which could potentially alleviate inflation. He emphasized that tariffs could serve as negotiation tools for broader economic policies and noted previous successes in trade negotiations which have benefitted the U.S.