{"id":55854,"date":"2025-11-10T16:38:33","date_gmt":"2025-11-10T20:38:33","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/economic-advisers-weigh-in-on-mortgages-and-air-travel-trump-defends-tariffs-amidst-regulatory-updates-and-market-moves\/55854\/"},"modified":"2025-11-10T16:38:33","modified_gmt":"2025-11-10T20:38:33","slug":"economic-advisers-weigh-in-on-mortgages-and-air-travel-trump-defends-tariffs-amidst-regulatory-updates-and-market-moves","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/economic-advisers-weigh-in-on-mortgages-and-air-travel-trump-defends-tariffs-amidst-regulatory-updates-and-market-moves\/55854\/","title":{"rendered":"Economic Advisers Weigh In on Mortgages and Air Travel; Trump Defends Tariffs Amidst Regulatory Updates and Market Moves"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong>White House Economic Adviser Kevin Hassett supports a proposal for 50-year mortgages<\/strong>, suggesting a significant shift in long-term housing finance to potentially improve affordability.<\/li>\n<li><strong>President Trump has warned that unwinding his tariff policies would incur a cost of over $2 trillion<\/strong> to the U.S. economy and constitute a national security threat, as stated on Truth Social.<\/li>\n<li><strong>The U.S. Treasury and IRS have issued new guidance for Crypto Exchange-Traded Products (ETPs)<\/strong>, allowing them to stake digital assets and distribute rewards to retail investors, providing crucial regulatory clarity for the digital asset market.<\/li>\n<li><strong>Brent Crude futures settled higher at $64.06 per barrel<\/strong>, marking a <strong>0.68%<\/strong> increase and reflecting ongoing movements in the global energy markets.<\/li>\n<li><strong>The Federal Reserve has issued a consumer alert regarding scam emails and text messages<\/strong> falsely claiming bank account compromises, emphasizing that the Fed does not contact consumers directly for such matters.<\/li>\n<\/ul>\n<p>White House Economic Adviser Kevin Hassett has voiced support for President Trump\u2019s proposal for <strong>50-year mortgages<\/strong>, a move that could reshape the housing market by potentially lowering monthly payments and enhancing affordability for new buyers. Hassett, who assumed the role of Director of the National Economic Council in January 2025, has been a key figure in the administration&#39;s economic discussions. Hassett also expressed confidence that <em>air traffic will normalize by Thanksgiving Day<\/em>, an optimistic outlook for the travel and airline industries following recent disruptions.<\/p>\n<p>Meanwhile, President Trump has escalated his defense of his tariff policies, asserting that reversing them would cost the U.S. <strong>over $2 trillion<\/strong> in lost revenue and investment. He characterized such an action as a &quot;national security catastrophe,&quot; accusing opponents, including critics at the Supreme Court, of attempting to undermine his trade agenda. Trump reiterated these concerns on Truth Social, emphasizing that the &quot;Pay Back&quot; numbers quoted by those advocating against tariffs are substantial.<\/p>\n<p>In the realm of digital assets, U.S. Treasury Secretary Scott Bessent announced that the Treasury and IRS have issued new guidance on <strong>Crypto Exchange-Traded Products (ETPs)<\/strong>. This guidance provides a clear pathway for crypto ETPs to stake digital assets and distribute staking rewards to their retail investors, a development expected to increase investor benefits and boost innovation in the digital asset and blockchain technology sectors. This move aligns with the administration&#39;s goal of establishing regulatory clarity for crypto and making the U.S. a global leader in the space.<\/p>\n<p>Separately, the Federal Reserve has issued a crucial warning to consumers about fraudulent emails and text messages. These scams falsely claim that bank accounts have been compromised and purport to be from the Federal Reserve. The Fed clarified that it <em>does not contact consumers directly<\/em> regarding such issues and advised vigilance against unexpected messages.<\/p>\n<p>In energy markets, <strong>Brent Crude futures<\/strong> settled at <strong>$64.06 per barrel<\/strong>, marking an increase of <strong>$0.43<\/strong> or <strong>0.68%<\/strong>. This movement reflects the dynamic nature of global oil prices and their impact on broader economic indicators.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways White House Economic Adviser Kevin Hassett supports a proposal for 50-year mortgages, suggesting a significant shift in long-term [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"rank_math_schema_Article":[],"rank_math_focus_keyword":[],"rank_math_description":[],"financial_data_references":[],"stock_symbols_mentioned":[],"footnotes":""},"categories":[5012],"tags":[5524,3710,5661,4179,6287,4335,7622,4462,8343,4491,14335,4821,5024,5314,5438],"class_list":["post-55854","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","tag-treasury","tag-federal-reserve","tag-housing","tag-tariffs","tag-scott-bessent","tag-donald-trump","tag-air-travel","tag-brent-crude","tag-irs","tag-energy-markets","tag-crypto-etps","tag-economic-policy","tag-trade","tag-kevin-hassett","tag-mortgages"],"_links":{"self":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/55854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/comments?post=55854"}],"version-history":[{"count":0,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/posts\/55854\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media\/50383"}],"wp:attachment":[{"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/media?parent=55854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/categories?post=55854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/wp-json\/wp\/v2\/tags?post=55854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}