*TRUMP ADMIN. BACKS BILL ENDING SHUTDOWN, SAYS TRUMP WOULD SIGN
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HOUSE DEMOCRATIC LEADERS TO FILE DISCHARGE PETITION FOR 3-YEAR EXTENSION OF OBAMACARE PREMIUM TAX CREDITS — PUNCHBOWL REPORTER
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TRUMP ADMINISTRATION BACKS BILL TO END SHUTDOWN, SAYS TRUMP WOULD SIGN
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ITALY ECONOMY MINISTER CALLS FOR STRONG, SWIFT EU RULES TO STOP ‘INVASION’ OF CHEAP, UNREGULATED IMPORTS FROM OUTSIDE EU
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USER REPORTS SHOW OUTAGES AT GOOGLE AND GOOGLE DRIVE IN THE US — DOWNDETECTOR
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ITALY ECONOMY MINISTER URGES EU TO IMPLEMENT TAXES ON LOW-VALUE E-COMMERCE PARCELS FROM OUTSIDE BLOC AS EARLY AS 2026
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WHITE HOUSE’S HASSETT: SHUTDOWN WILL WEIGH ON THIS QUARTER’S GDP; SAYS SUPPLY-SIDE POLICIES ENABLE GROWTH WITHOUT INFLATION
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WHITE HOUSE SENIOR ADVISER HASSETT: INFLATION STILL NOT FULLY WHERE IT NEEDS TO BE
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HASSETT: IF I'M AT FOMC, I'M MORE LIKELY TO MOVE TO CUT RATES, WHILE POWELL LESS LIKELY
12 Nov 2025 12:45:12 PM - HASSETT: FED MORE LIKELY TO DO 25 BASIS POINT CUT
12 Nov 2025 12:45:49 PM - HASSETT: IF ASKED TO BE FED CHAIR, I'LL DO IT
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WHITE HOUSE SENIOR ADVISER HASSETT: INFLATION MOMENTUM IS CLEARLY DIRECTIONAL; AGREED WITH LAST TWO FED MEETINGS THAT IT WAS TIME TO CUT RATES
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WHITE HOUSE SENIOR ADVISER HASSETT: FED UNLIKELY TO CUT RATES BY 50 BASIS POINTS
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*HASSETT: I AGREE WITH TRUMP THAT RATES CAN BE A LOT LOWER
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WHITE HOUSE SENIOR ADVISER HASSETT: FED MORE LIKELY TO CUT 25 BPS; AGREES WITH TRUMP THAT RATES CAN BE MUCH LOWER; SAYS IF ON FOMC, WOULD FAVOR RATE CUT WHILE POWELL LESS LIKELY TO DO SO
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WHITE HOUSE SENIOR ADVISER HASSETT: IF ASKED TO BE FED CHAIR, I’LL ACCEPT
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WHITE HOUSE ECONOMIC ADVISER HASSETT: CONFIRMATION TURMOIL FOR FED CHAIR COULD DELAY ANNOUNCEMENT TIMING
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HASSETT: STRONG DOLLAR POLICY IS SOUND; SAYS EVERY COUNTRY NEEDS SOUND CURRENCY; WARNS USING INFLATION TO FIX DEFICIT LEADS TO FINANCIAL CRISIS
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HASSETT: DEFICIT REDUCTION DRIVEN ONE-THIRD BY TARIFF REVENUE, ONE-THIRD BY TAX REVENUE FROM ECONOMIC GROWTH, AND ONE-THIRD BY SPENDING CUTS; SAYS DEFICIT BELOW TARGET, REMAINS BULLISH ON GROWTH
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HASSETT: DEFICIT BELOW TARGET, REMAINS BULLISH ON GROWTH; SAYS FUTURE RECONCILIATION BILLS WILL BE USED TO STRENGTHEN U.S. ECONOMY
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FED’S BOSTIC: DEBATE OVER EXTENT OF PRODUCTIVITY GAINS; SAYS FIRMS REPORT POLICY IS RESTRICTIVE, ESPECIALLY IN HOUSING AND OTHER RATE-SENSITIVE SECTORS
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HASSETT: DEFICIT BELOW TARGET, BULLISH ON GROWTH; FUTURE RECONCILIATION BILLS TO ADDRESS ECONOMY; SAYS UNSURE IF TRUMP HAS DECIDED ON 50-YEAR MORTGAGE PLAN
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ECONOMIC ADVISER HASSETT: TARIFF POLICY MUST BE ENFORCED AGAINST TRANSSHIPMENT; SAYS PRESIDENT TRUMP IS FOCUSED ON AFFORDABILITY
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