History of Kevin Hassett in Timeline

Kevin Hassett is an American economist currently serving as the director of the National Economic Council since 2025. Previously, he chaired the Council of Economic Advisers from 2017 to 2019. He is known for co-authoring "Dow 36,000" in 1999, which predicted a significant surge in the stock market. This prediction contrasted sharply with the subsequent dot-com bubble burst, though the Dow eventually reached that mark in late 2021.

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March 20, 1962: Kevin Hassett Born

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

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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", co-authored by Kevin Hassett and James K. Glassman, was published. On this day the Dow Jones Industrial Average closed at 10,273.00.

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

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October 9, 2002: Dow Jones Decline

By October 9, 2002, the Dow Jones Industrial Average had declined 37.8% from its peak 105 days after the publication of "Dow 36,000" in 1999.

September 5, 2018: Hassett Releases Analysis on Real Wage Growth

On September 5, 2018, Kevin Hassett released new analysis indicating that real wage growth under the Trump administration was higher than reported, despite figures suggesting otherwise.

September 13, 2018: Hassett Comments on Ireland as a Tax Haven

On September 13, 2018, during an official visit to Ireland, Kevin Hassett, when questioned about whether the U.S. considered Ireland as a tax haven, stated, "It's not Ireland's fault US tax law was written by someone on acid".

June 2, 2019: Hassett to Step Down

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

March 20, 2020: Hassett Returns to White House

On March 20, 2020, it was announced that Kevin Hassett would be returning to the White House on a temporary basis to advise President Trump on economic policy during the COVID-19 pandemic.

April 15, 2020: Hassett Appointed as Senior Advisor

On April 15, 2020, the Trump administration announced Kevin Hassett's appointment as a senior advisor. Hassett developed a model forecasting lower coronavirus deaths and adverse economic effects.