NEC Director Hassett says they have been in touch with big banks on credit cards, there will be great new "Trump Cards"; does not think legislation will be needed on credit cards
Importance
Level 1
- Idea on MBS plan is to get lower spreads on mortgages.
- Will be going to Davos with Trump.
- Trump to unveil plan for 401(k) for home down payments.
- Independence of the Fed is essential for economic stability.
- Hopes there is "nothing to see here" on DoJ Fed investigation.
- Expects there's nothing to see on Fed cost overrun, wish they had been more transparent.
- Warsh and Rieder would be great Fed Chairs.
- If he took the Fed Job, he would commit to transparency.
- Thinks trump can put 10% tariff on right away after SCOTUS rules.
- Trump is talking with congress leaders on reconciliation.
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