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Hassett Pivots To Possible ‘Trump Cards’ Amid Credit Card Interest Rate Battle With Banks

by The Wealth Advisor Contributor
Kevin Hassett told Fox Business that U.S. banks could voluntarily provide credit cards to underserved Americans.

Featured

Andreessen Horowitz Makes A $3 Billion Bet Against The AI Bubble

An artificial intelligence startup that helps developers write and debug code is now worth nearly as much as United Airlines.

Trump Tariffs Live Updates: EU Discusses $108 billion In Retaliatory Tariffs; Danish PM Says Europe 'Will Not Be Blackmailed'

EU capitals have entered discussions to implement tariffs of up to $108 billion on American products after President Trump posted his tariff plan.

Hassett Says Trump May be Right to Pass Him Over for Fed Chair

White House economic adviser Kevin Hassett said President Trump may well keep him in current job eliminate him from contention for Fed chair.

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Companies

Schwab Advisor Services Announces Schwab Advisor ProDirect™ Membership Program for Advisors Going Independent

Schwab Advisor Services announced Schwab Advisor ProDirect™, a new membership program launching in July 2025 designed to help financial advisors.

Commentaries

Dalio Warns Moody’s Downgrade of U.S. Sovereign Credit Doesn't Capture Structural Danger

Bridgewater founder Ray Dalio is warning Moody’s recent downgrade of U.S. sovereign credit fails to fully capture deeper, structural risks.

FundFocus

Goldman Sachs Remains Bullish On Long-Term Trajectory Of Tech Stocks

Goldman Sachs remains bullish on the long-term trajectory of the market’s largest technology stocks, despite a bumpy start to 2025.

News

Investment Promoter Pleads Guilty To Orchestrating $35 Million Ponzi Scheme

California-based investment promoter Matthew Piercey has pleaded guilty to orchestrating a $35 million Ponzi scheme that targeted retail investors.

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The Trust Advisor

King Charles Moves To Reclaim Royal Lodge, Ending £30 Million Inheritance Path For Andrew’s Daughters

The Trust Advisor

Microsoft Founder Bill Gates' Billion Dollar Divorce Payout To Ex-Wife Melinda Finally Revealed

News

Trump Threatens To Sue JPMorgan Chase For ‘Debanking’ Him

News

Jamie Dimon Warns $38 Trillion National Debt Is Going To ‘Bite’: ‘You Can’t Just Keep Borrowing Money Endlessly’

The Trust Advisor

I Asked ChatGPT How To Make My Estate ‘Drama-Proof’ For My Heirs In 2026 — Here’s Its 12-Month Checklist

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