History of Kevin Hassett in Timeline

Kevin Hassett is an American economist serving as the director of the National Economic Council since 2025. Previously, he was the senior advisor and chairman of the Council of Economic Advisers from 2017 to 2019. His career has focused on economic policy, advising governmental bodies on matters relating to the economy.

Sections (1)

Full Timeline

March 20, 1962: Kevin Hassett Born

On March 20, 1962, Kevin Allen Hassett was born. He later became an American economist and chairman of the Council of Economic Advisers.

Others born on this day/year

1989: Assistant Professor at Columbia Business School

In 1989, Kevin Hassett became an assistant professor of economics at Columbia Business School.

1992: Economist at Federal Reserve Board of Governors

In 1992, Kevin Hassett began working as an economist in the Division of Research and Statistics at the Federal Reserve Board of Governors.

1993: Promotion to Associate Professor at Columbia Business School

In 1993, Kevin Hassett was promoted to associate professor at Columbia Business School.

1994: End of time as Associate Professor at Columbia Business School

In 1994, Kevin Hassett concluded his time as associate professor at Columbia Business School.

1997: End of time as Economist at Federal Reserve Board of Governors

In 1997, Kevin Hassett ended his role as an economist at the Federal Reserve Board of Governors.

1997: Joined AEI as Resident Scholar

In 1997, Kevin Hassett joined the American Enterprise Institute (AEI) as a resident scholar, focusing on tax and fiscal policy.

October 1, 1999: Publication of "Dow 36,000"

On October 1, 1999, 'Dow 36,000: The New Strategy for Profiting from the Coming Rise in the Stock Market' by James K. Glassman and Kevin Hassett was published, predicting a significant rise in the Dow Jones Industrial Average.

Dow 36,000: The New Strategy for Profiting from the Coming Rise in the Stock Market

Check it on Amazon

2000: Chief Economic Adviser for John McCain

In 2000, Kevin Hassett worked as John McCain's chief economic adviser in the presidential primaries.

October 9, 2002: Dow Jones Decline after "Dow 36,000" Prediction

By October 9, 2002, the Dow Jones Industrial Average had declined by 37.8% since the publication of 'Dow 36,000' in 1999, contradicting the book's optimistic predictions.

2003: Director of Economic Policy Studies at AEI

In 2003, Kevin Hassett was named the director of economic policy studies at the American Enterprise Institute (AEI).

2004: Economic Adviser to George W. Bush's Campaign

In 2004, Kevin Hassett served as an economic adviser to George W. Bush's presidential campaign.

2005: Weekly Column for Bloomberg

Since 2005, Kevin Hassett has written a weekly column for Bloomberg.

2007: Argued US on Wrong Side of Laffer Curve

In 2007, Kevin Hassett argued that the United States was on the wrong side of the Laffer curve regarding corporate tax rates, leading to some controversy over the supporting graph.

2008: Economic Adviser to John McCain's Campaign

In 2008, Kevin Hassett was an economic adviser for John McCain's presidential campaign.

2012: Economic Adviser on Mitt Romney's Campaign

In 2012, Kevin Hassett worked as an economic adviser on Mitt Romney's presidential campaign.

September 2017: Chairman of the Council of Economic Advisers

In September 2017, Kevin Hassett became the 29th chairman of the Council of Economic Advisers in the Trump administration.

December 2017: Advocating for the Tax Cuts and Jobs Act of 2017

In December 2017, Kevin Hassett advocated for the Tax Cuts and Jobs Act of 2017("TCJA"), when he labeled Ireland as a tax haven on several interviews

2017: Senior Advisor and Chairman of the Council of Economic Advisers

In 2017, Kevin Hassett became the senior advisor and chairman of the Council of Economic Advisers.

July 2018: Irish Fiscal Advisory Council Foresees Boom

In July 2018, Seamus Coffey, Chairperson of the Irish Fiscal Advisory Council, predicted a potential "boom" in the onshoring of U.S. intellectual property to Ireland due to the Irish Capital Allowances for Intangible Assets (CAIA) BEPS tool, enhanced by Hassett's TCJA legislation.

September 5, 2018: Released Analysis on Real Wage Growth

On September 5, 2018, Kevin Hassett released new analysis indicating that real wage growth under Trump was higher than reported, despite figures indicating that wage growth had not picked up.

September 13, 2018: Remarks on Ireland as a Tax Haven

On September 13, 2018, while visiting Ireland, Kevin Hassett stated that US tax law was responsible for Ireland's status as a tax haven, sparking controversy.

February 2019: Failings of TCJA Highlighted

In February 2019, Brad Setser from the Council on Foreign Relations, wrote a New York Times article highlighting the failings of Hassett's TCJA in addressing the use of tax havens by U.S. corporates and why the TCJA incentivized U.S. corporate use of tax havens.

June 2, 2019: Stepping Down from White House Role

On June 2, 2019, it was announced that Kevin Hassett would be stepping down from his role at the White House in the coming weeks.

June 2019: End of term as Chairman of the Council of Economic Advisers

In June 2019, Kevin Hassett's term as the chairman of the Council of Economic Advisers concluded.

2019: End of term as Chairman of the Council of Economic Advisers

In 2019, Kevin Hassett's time as chairman of the Council of Economic Advisers ended.

March 20, 2020: Return to White House for COVID-19 Economic Policy

On March 20, 2020, it was announced that Kevin Hassett would return to the White House temporarily to advise President Trump on economic policy amidst the COVID-19 pandemic.

April 15, 2020: Appointment as Senior Advisor

On April 15, 2020, the Trump administration announced Kevin Hassett's appointment as a senior advisor.

May 2020: Controversial Coronavirus Model

In early May 2020, Kevin Hassett's coronavirus model, which predicted far fewer deaths than actually occurred and optimistic economic outcomes, was widely criticized for contradicting public health experts and encouraging premature reopening.

2020: Return to White House During Pandemic

In 2020, Kevin Hassett returned to the White House to work on the administration's economic response to the coronavirus pandemic, focusing on economic impacts amid lockdowns.

November 2024: Hassett to Serve as Director of NEC

In November 2024, after winning the election, President-elect Donald Trump announced that Kevin Hassett would serve as director of the National Economic Council (NEC).

November 26, 2024: Named Director of National Economic Council

On November 26, 2024, President-elect Donald Trump announced that Kevin Hassett would be the director of the National Economic Council in his second administration.

2024: Shortlisted for Federal Reserve Chair

In 2024, Kevin Hassett was reportedly shortlisted for nomination as chair of the Federal Reserve if former president Donald Trump were to win re-election.