Kevin Hassett, a leading economic advisor to former President Donald Trump, emphasized that substantial work remains to reduce inflationary pressures and stabilize consumer prices. He commented on Trump’s recent remarks aligning with New York City Mayor-elect Zohran Mamdani regarding efforts to improve affordability in urban centers, noting that rising living costs remain a critical concern for households nationwide. Hassett acknowledged the complexity of taming price increases across sectors, particularly in housing and essential goods, while underscoring the need for sustained policy focus. Though no specific measures were outlined, the discussion reflects growing attention on economic strategies aimed at easing financial strain on middle- and lower-income families.
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Trump economic adviser ‘there’s a lot of progress to be made’ in bringing prices down
Trump’s top economic adviser Kevin Hassett acknowledges there’s a lot of progress to be made in bringing prices down and responds to President Trump appearing to bond with New York City Mayor-elect, Zohran Mamdani, over tackling affordability in New York City.