White House boasts that Americans are spending more on credit cards

White House National Economic Adviser Kevin Hassett smiles as he talks to reporters on the West Wing driveway at the White House in Washington, D.C., U.S., August 27, 2025. REUTERS Jonathan Ernst
White House National Economic Adviser Kevin Hassett smiles as he talks to reporters on the West Wing driveway at the White House in Washington, D.C., U.S., August 27, 2025. REUTERS Jonathan Ernst
David Badash
May 06, 2026 | 01:49PM ET Economy