Transcript: Kevin Hassett on "Face the Nation with Margaret Brennan," May 24, 2026
Kevin Hassett, director of the White House National Economic Council, discussed the current state of the economy on 'Face the Nation.' He noted that despite a confusing economic picture, with high stock prices and low consumer sentiment, there are no significant storm clouds on the horizon. Hassett emphasized that consumer sentiment may be more reflective of political views than actual economic conditions.
- ▪The Dow Jones reached an all-time high while consumer sentiment hit an all-time low.
- ▪Hassett believes that consumer sentiment is more of a political variable than an economic one.
- ▪Despite high gas prices, Hassett expects oil supplies to stabilize within one to two months.
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Face The Nation Transcripts Transcript: Kevin Hassett on "Face the Nation with Margaret Brennan," May 24, 2026 .chip { background-image: url('/fly/bundles/cbsnewscore/images/chip-bgd/chip-bgd-face-the-nation.jpg'); } Updated on: May 24, 2026 / 12:31 PM EDT / CBS News Add CBS News on Google The following is the transcript of the interview with Kevin Hassett, director of the White House National Economic Council, that aired on "Face the Nation with Margaret Brennan" on May 24, 2026.NANCY CORDES: Welcome back to Face the Nation. We turn now to the Director of the National Economic Council, Kevin Hassett, who joins us from the White House North Lawn. Kevin, thank you so much for being with me.KEVIN HASSETT, DIRECTOR NATIONAL ECONOMIC COUNCIL: Great to be here.
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