President-elect Donald Trump announced this week that he has selected Dr. Kevin A. Hassett to serve as the Director of the White House National Economic Council.
“As my Chair of the Council of Economic Advisers, Kevin played a crucial role in helping to design and pass the Tax Cuts and Jobs Act of 2017, and stood with me as we pursued our enormously successful agenda to Make America Great Again,” Trump said in a statement. “He will play an important role in helping American families recover from the Inflation that was unleashed by the Biden Administration.”
Trump said that Hassett will be responsible for renewing and improving the tax cuts that he helped implement during his first term in office and implementing fair trade deals with countries that have taken advantage of the U.S.
“Kevin will also play a key role strengthening our Economic relationships with Allies, new and old, while also securing Prosperity for the American People,” Trump added.
Hassett earned his PhD in economics from the University of Pennsylvania and has taught courses as a professor at Columbia University’s Graduate School of Business and New York University’s Law School.
He currently serves as the managing director at the Milken Institute and is the Brent R. Nicklas Distinguished Fellow in Economics at the Hoover Institution at Stanford University.
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Hassett has been involved in national politics for more than two decades, including serving as a senior economic adviser to several Republican presidential campaigns, including John McCain in 2000, George W. Bush in 2004, McCain in 2008, and Mitt Romney in 2012.
“Congratulations to Hoover Distinguished Fellow, Kevin Hassett, for being appointed by President Trump to serve as Director of the National Economic Council,” said former Secretary of State Condoleezza Rice.
“Kevin is a renowned economist who brings a wealth of knowledge and experience to this role,” she added. “He will help to inform and coordinate policies to support a strong and vibrant economy. We are all grateful for his willingness to serve.”
Elon Musk responded, “Congratulations!”
Sen. Marsha Blackburn (R-TN), a top Trump ally, called Hassett a “strong patriot.”