EUR/USD
1.16358
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Gold
4513.55
0.796%
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59.099
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157.970
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211.881
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Real-time News
White House economic advisor Hassett: It is an honor to be on Trumps shortlist of candidates for Federal Reserve Chair.White House economic advisor Hassett: We have very detailed contingency plans for tariffs.White House economic advisor Hassett: The Federal Reserve needs to cut interest rates further.On January 9th, National Economic Council Director Hassett stated that the Trump administration is prepared to utilize other powers to quickly reimpose tariffs should the Supreme Court rule President Trumps global tariff policies unconstitutional. Hassett said on Friday, "Our expectation is that we will win, and if we dont, we know we have other tools that can achieve the same goal." In a separate interview with Fox Business, Hassett stated that the administration is "absolutely" prepared with a contingency plan that would allow for the "almost immediate re-implementation" of these tariffs should the Supreme Court rule against it. The Supreme Court could rule as early as Friday on the legality of the presidents use of the International Emergency Economic Powers Act (IEEPA) to impose comprehensive tariffs (including so-called reciprocal tariffs and fentanyl-related charges), with the ruling to be released at a later date.According to Fox News: Eni, Aspect, and Tallgrass Energy will attend the White House oil conference.
