White House Demands Discipline for Fed Tariff Researchers
February 19, 2026·6 days ago·via Scotsman Guide
A top White House official blasts a New York Fed study claiming U.S. consumers foot 90% of tariff costs, demanding disciplinary action against the researchers for shoddy, biased analysis. National Economic Council Director Kevin Hassett rips the report on CNBC as unfit for an intro econ class, insisting it ignores trade volume shifts and overall tariff benefits that raked in $124 billion in revenue last fiscal year - a 300% jump.
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