The MeidasTouch Podcast

Podbit · The MeidasTouch Podcast

Trump Surfaces and Crashes Out at Presser

Explore episode Jul 1, 2026

Where this was said

Kevin Hassett's Factory Promises — and the Pre-Built Fed Blame

At 21:35 · chapter starts 18:03

Ben Meiselas catalogs the administration's ever-retreating factory job promises: first it was day one, then Q4 of year one, then Q1 2026, then end of 2026, and now Hassett is pointing to the second half of the year or 2027. Hassett's clip promises construction jobs now and manufacturing jobs once the factories 'turn on the lights.' But the more revealing part comes next: Hassett expresses concern that Federal Reserve board members are 'not going to be voting because they're patriotic, but rather because they want to get Trump' — drawing a direct parallel to Democratic Supreme Court justices he claims voted in a bloc against Trump. Meiselas identifies this as a pre-built narrative: when the economy underperforms, the administration will blame interest rate hikes by 'libs' at the Fed. The kicker: Jerome Powell, Hassett's implied liberal villain, is a Republican Trump appointed himself in 2017.

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