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Kevin Hassett on Kudlow: 'Wait Till You See What's in Store for 2026'

February 26, 2026 · Fox Business · 0:05:36

Embedded from the source channel — never re-uploaded. Watch on YouTube

What happened

National Economic Council Director Kevin Hassett joined Larry Kudlow on Fox Business to discuss President Trump’s State of the Union address. Hassett agreed with Kudlow that the President ‘made the sale,’ calling it, as he stated it, the best State of the Union address of any president in his lifetime, and said Trump worked and revised the speech right up until the last day because he knew it was an important opportunity to show people what he is doing.

Hassett said the administration had the Big Beautiful Bill and three quarters in a row of growth averaging more than 3 percent, as he stated it, and that the President both recounted accomplishments such as no tax on tips and forecast what comes next — prompting the line in the segment’s title that viewers should wait to see what is in store for the coming year. He highlighted a proposal he said he had worked on with Kudlow for a long time: because 401(k)s went up on average $40,000 last year but about half of Americans lack access to one, the President wants everyone to have access to a low-cost 401(k) modeled on the federal Thrift Savings Plan, as Hassett stated it.

Hassett also cited the Trump savings accounts for newborns, said the average American gained about $1,400 in real income last year, and stated that there are 360,000 fewer federal workers than when President Trump was inaugurated — the lowest number of government workers since 1966 and, as a share of the labor force, the lowest ever, as he stated it. Kudlow agreed the growth message would matter for the midterms.

Why it matters

The interview is the White House’s economic victory lap and preview in one: Hassett converts the State of the Union into a growth narrative — tax cuts, retirement access, and a shrunken federal workforce — aimed squarely at the midterm electorate.

Scoreboard watch

Flagged for the scoreboard editor: Hassett cited checkable figures as stated — growth averaging more than 3 percent over three quarters, average 401(k) gains of $40,000, and 360,000 fewer federal workers since the inauguration; no verdict is given here.

Sources: Fox Business, “Wait til you see what’s in store for 2026: Kevin Hassett”, 2026-02-26 (official upload, embedded above; published 2026-02-26). Transcript via Supadata (private research store, paraphrased and attributed, not republished). All figures and characterizations as stated by the speakers.