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White House National Economic Council Director Kevin Hassett arrives for a video interview outside the White House on March 6, 2026 in Washington, DC.
"Republicans don’t give a damn about the American people and will continue to make your life more expensive," said House Democratic leader Hakeem Jeffries (D-NY) in response.
White House National Economic Council Director Kevin Hassett caused a stir on Tuesday when he indicated that the prospect of US consumers getting hurt by a protracted conflict with Iran was not of particular concern to the administration.
During an interview on CNBC, Hassett dismissed concerns about the Iran war, which is now in its third week, dragging on indefinitely.
"The US economy is fundamentally sound," Hassett claimed. "And if [the war] were to be extended, it wouldn't really disrupt the US economy much at all. It would hurt consumers, and we'd have to think about, you know, if that continued, what we would have to do about that, but that's, like, really the last of our concerns right now... because we're very confident that this thing is going ahead of schedule."
Hassett: "If the war were to be extended, it wouldn't really disrupt the US economy very much at all. It would hurt consumers, and we'd have to think about what we'd have to do about that, but that's really the last of our concerns right now." pic.twitter.com/PVr63QO9Iv
— Aaron Rupar (@atrupar) March 17, 2026
In fact, US consumers are already hurting financially from the effects of the Iran war, which has caused the price of both oil and gasoline to skyrocket. Petroleum industry analyst Patrick De Haan reported on Tuesday that the average price of gas in the US has reached $3.80 per gallon, while the average price for diesel fuel has reached $5.03 per gallon.
The war's impact on oil and gas prices has been exacerbated by Iran closing down the Strait of Hormuz to shipping, and so far there is no indication that it will be reopening anytime soon.
Democratic lawmakers quickly pounced on Hassett's admission that pain for US consumers was "the last of our concerns right now."
"The Trump administration is saying the quiet part out loud," said Sen. Elizabeth Warren (D-Mass.), "the higher costs you're paying are the LAST of their concern."
"Trump's team of Epstein class advisors says it out loud more often than you’d think: 'consumers are the last of our concern right now,'" commented Sen. Chris Murphy (D-Conn.).
"Well I’m not some sort of political expert but this feels like an unhelpful thing to say," remarked Sen. Brian Schatz (D-Hawaii).
"Trump economic advisor says consumer pain is the last of their concerns," commented Sen. Ruben Gallego (D-Ariz.). "Tell that to Americans paying almost twice as much for gas as they were a month ago."
"The Trump administration has once again said the quiet part out loud," said House Democratic leader Hakeem Jeffries (D-NY). "Republicans don’t give a damn about the American people and will continue to make your life more expensive. You deserve better."
This country and this world are at a monumental crossroads. US voters have an opportunity to beat back the forces of fascism and confront the billionaires who are rigging the economy, our media system, and our democracy, making it increasingly impossible for ordinary people to get by. We’re not just talking about the election. We’re talking about what must be done once these fascist elements are vanquished from power. We need a bolder set of solutions than what either major party has so far been willing to offer and a working-class movement ready to fight like hell for it. Trump didn't emerge from nowhere. The conditions that fueled MAGA authoritarianism were created by decades of radical neoliberal economic policies and a corrupt political system dominated by corporate interests. They slashed taxes on the super-rich, promising that the benefits would trickle down. They said giveaways to the corporate titans would make life more affordable for the rest of us. It was all bullshit. And when a bitter, betrayed populace searches for someone to blame, right-wing demagogues have little trouble finding scapegoats. People know when they're being lied to, but you won't hear any of this from the corporate media. Only independent journalism—powered and funded by people who believe in building a better world—can deliver truly trustworthy daily news. If you share our vision, please contribute whatever you can to sustain our work. |
White House National Economic Council Director Kevin Hassett caused a stir on Tuesday when he indicated that the prospect of US consumers getting hurt by a protracted conflict with Iran was not of particular concern to the administration.
During an interview on CNBC, Hassett dismissed concerns about the Iran war, which is now in its third week, dragging on indefinitely.
"The US economy is fundamentally sound," Hassett claimed. "And if [the war] were to be extended, it wouldn't really disrupt the US economy much at all. It would hurt consumers, and we'd have to think about, you know, if that continued, what we would have to do about that, but that's, like, really the last of our concerns right now... because we're very confident that this thing is going ahead of schedule."
Hassett: "If the war were to be extended, it wouldn't really disrupt the US economy very much at all. It would hurt consumers, and we'd have to think about what we'd have to do about that, but that's really the last of our concerns right now." pic.twitter.com/PVr63QO9Iv
— Aaron Rupar (@atrupar) March 17, 2026
In fact, US consumers are already hurting financially from the effects of the Iran war, which has caused the price of both oil and gasoline to skyrocket. Petroleum industry analyst Patrick De Haan reported on Tuesday that the average price of gas in the US has reached $3.80 per gallon, while the average price for diesel fuel has reached $5.03 per gallon.
The war's impact on oil and gas prices has been exacerbated by Iran closing down the Strait of Hormuz to shipping, and so far there is no indication that it will be reopening anytime soon.
Democratic lawmakers quickly pounced on Hassett's admission that pain for US consumers was "the last of our concerns right now."
"The Trump administration is saying the quiet part out loud," said Sen. Elizabeth Warren (D-Mass.), "the higher costs you're paying are the LAST of their concern."
"Trump's team of Epstein class advisors says it out loud more often than you’d think: 'consumers are the last of our concern right now,'" commented Sen. Chris Murphy (D-Conn.).
"Well I’m not some sort of political expert but this feels like an unhelpful thing to say," remarked Sen. Brian Schatz (D-Hawaii).
"Trump economic advisor says consumer pain is the last of their concerns," commented Sen. Ruben Gallego (D-Ariz.). "Tell that to Americans paying almost twice as much for gas as they were a month ago."
"The Trump administration has once again said the quiet part out loud," said House Democratic leader Hakeem Jeffries (D-NY). "Republicans don’t give a damn about the American people and will continue to make your life more expensive. You deserve better."
White House National Economic Council Director Kevin Hassett caused a stir on Tuesday when he indicated that the prospect of US consumers getting hurt by a protracted conflict with Iran was not of particular concern to the administration.
During an interview on CNBC, Hassett dismissed concerns about the Iran war, which is now in its third week, dragging on indefinitely.
"The US economy is fundamentally sound," Hassett claimed. "And if [the war] were to be extended, it wouldn't really disrupt the US economy much at all. It would hurt consumers, and we'd have to think about, you know, if that continued, what we would have to do about that, but that's, like, really the last of our concerns right now... because we're very confident that this thing is going ahead of schedule."
Hassett: "If the war were to be extended, it wouldn't really disrupt the US economy very much at all. It would hurt consumers, and we'd have to think about what we'd have to do about that, but that's really the last of our concerns right now." pic.twitter.com/PVr63QO9Iv
— Aaron Rupar (@atrupar) March 17, 2026
In fact, US consumers are already hurting financially from the effects of the Iran war, which has caused the price of both oil and gasoline to skyrocket. Petroleum industry analyst Patrick De Haan reported on Tuesday that the average price of gas in the US has reached $3.80 per gallon, while the average price for diesel fuel has reached $5.03 per gallon.
The war's impact on oil and gas prices has been exacerbated by Iran closing down the Strait of Hormuz to shipping, and so far there is no indication that it will be reopening anytime soon.
Democratic lawmakers quickly pounced on Hassett's admission that pain for US consumers was "the last of our concerns right now."
"The Trump administration is saying the quiet part out loud," said Sen. Elizabeth Warren (D-Mass.), "the higher costs you're paying are the LAST of their concern."
"Trump's team of Epstein class advisors says it out loud more often than you’d think: 'consumers are the last of our concern right now,'" commented Sen. Chris Murphy (D-Conn.).
"Well I’m not some sort of political expert but this feels like an unhelpful thing to say," remarked Sen. Brian Schatz (D-Hawaii).
"Trump economic advisor says consumer pain is the last of their concerns," commented Sen. Ruben Gallego (D-Ariz.). "Tell that to Americans paying almost twice as much for gas as they were a month ago."
"The Trump administration has once again said the quiet part out loud," said House Democratic leader Hakeem Jeffries (D-NY). "Republicans don’t give a damn about the American people and will continue to make your life more expensive. You deserve better."