economy

Transcript: Kevin Hassett on "Face the Nation with Margaret Brennan," May 24, 2026

Updated on: May 24, 2026 / 2:09 PM EDT / CBS News

Transcript: Kevin Hassett on "Face the Nation with Margaret Brennan," May 24, 2026

TL;DR

  • Consumer sentiment is low due to political affiliation, not economic issues; consumer confidence is high.
  • GDP is estimated to be over 4%, and unemployment claims are at their lowest since the 1960s.
  • High gas prices are temporary and supply chain issues will resolve within two months.
  • White House security funding is necessary, and a fund for weaponization aims to prevent future government overreach.
  • Past administrations allegedly weaponized government against Donald Trump, leading to the need for compensation and prevention measures.