Kevin Hassett is an American economist. He served as the director of the National Economic Council starting in 2025. Before that, he was the chairman of the Council of Economic Advisers from 2017 to 2019.
On March 20, 1962, Kevin Allen Hassett was born. He would later become an American economist and director of the National Economic Council.
In 1989, Hassett became an assistant professor of economics at Columbia Business School.
In 1992, Hassett became an economist in the Division of Research and Statistics at the Federal Reserve Board of Governors.
In 1993, Hassett was promoted to associate professor at Columbia Business School.
In 1994, Hassett's time as associate professor at Columbia Business School came to an end.
In 1997, Hassett's time as an economist in the Division of Research and Statistics at the Federal Reserve Board of Governors came to an end.
In 1997, Kevin Hassett joined the American Enterprise Institute (AEI) as a resident scholar, focusing on tax policy, fiscal policy, energy issues, and investing in the stock market. He collaborated with R. Glenn Hubbard.
In 1999, "Dow 36,000: The New Strategy for Profiting from the Coming Rise in the Stock Market," coauthored by Hassett and James K. Glassman, was published before the dot-com bubble burst.
In 2000, Hassett served as John McCain's chief economic advisor during the presidential primaries.
In 2003, Kevin Hassett was named director of economic policy studies at AEI. He also began writing columns in newspapers like The New York Times, The Washington Post, and The Wall Street Journal.
In 2004, Hassett was an economic advisor to the George W. Bush campaign.
Since 2005, Hassett has been writing a weekly column for Bloomberg.
In 2007, Hassett argued that the United States was on the wrong side of the Laffer curve in terms of corporate tax rates, though some characterized his supporting graph as deceptive.
In 2008, Hassett served as an economic advisor to John McCain's campaign.
In 2012, Hassett was an economic advisor on Mitt Romney's presidential campaign.
In September 2017, Hassett became the 29th chairman of the Council of Economic Advisers.
In December 2017, Kevin Hassett labeled Ireland as a tax haven in several interviews when advocating for the Tax Cuts and Jobs Act of 2017 ("TCJA").
In 2017, Kevin Hassett became the senior advisor and chairman of the Council of Economic Advisers.
In July 2018, Seamus Coffey noted that Ireland could see a boom in the onshoring of U.S. intellectual property due to the Irish Capital Allowances for Intangible Assets (CAIA) BEPS tool, which is enhanced by Hassett's TCJA legislation.
On September 5, 2018, the Council of Economic Advisers released new analysis indicating that real wage growth under Trump was higher than reported. Hassett commented that the headlines had missed the real wage growth due to confusion about proper measurement.
On September 13, 2018, during a visit to Ireland, Hassett remarked that US tax law was written by someone on acid, when questioned if the U.S. considered Ireland as a tax haven. Hassett had previously labeled Ireland as a tax haven during several interviews between August and December 2017.
In February 2019, Brad Setser criticized Hassett's TCJA in a New York Times article, highlighting its failures in addressing the use of tax havens by U.S. corporations.
On June 2, 2019, it was announced that Hassett would be stepping down from his role within the coming weeks.
In June 2019, Hassett's time as chairman of the Council of Economic Advisers ended.
In 2019, Kevin Hassett's term as the chairman of the Council of Economic Advisers came to an end.
On March 20, 2020, Hassett returned to the White House on a temporary basis to advise President Trump on economic policy during the COVID-19 pandemic.
On April 15, 2020, Hassett was appointed as a senior advisor in the Trump administration. He built a model forecasting lower coronavirus deaths than what actually happened.
In early May 2020, Hassett suggested that there might not be a need for more coronavirus economic relief and proposed re-opening economies in nearly all states by the end of the month. This contradicted public health experts' assessments.
In 2020, Hassett returned to the White House to work on the administration's economic response to the coronavirus pandemic, influencing policy amid lockdowns and social distancing.
In November 2024, following Donald Trump's election, Hassett was announced as the director of the National Economic Council (NEC).
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.
In 2024, Hassett was reportedly shortlisted to become the chair of the Federal Reserve if former President Donald Trump were to win re-election.
In January 2025, Hassett officially became the director of the National Economic Council at the start of Trump's second administration.
In October 2025, Scott Bessent confirmed that Hassett was on the short list of five candidates to replace Jerome Powell as Chair of the Federal Reserve.
In 2025, Kevin Hassett became the director of the National Economic Council.
In May 2026, Jerome Powell's term as the Chair of the Federal Reserve is scheduled to end.
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