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 served as the senior advisor and chairman of the Council of Economic Advisers from 2017 to 2019. His work focuses on economic policy and advising governmental bodies on economic matters.

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Full Timeline

March 20, 1962: Birth of Kevin Hassett

On March 20, 1962, Kevin Allen Hassett was born. He is an American economist.

Others born on this day/year

1989: Assistant Professor at Columbia Business School

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

1992: Economist at Federal Reserve Board of Governors

In 1992, Hassett became an economist at the Federal Reserve Board of Governors.

1993: Promotion to Associate Professor

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

1994: End of tenure at Columbia Business School

In 1994, Hassett's time as associate professor at Columbia Business School ended.

1997: Joins AEI as Resident Scholar

In 1997, Hassett joined the American Enterprise Institute (AEI) as a resident scholar.

1997: End of tenure at the Federal Reserve Board of Governors

In 1997, Hassett's time as economist at the Federal Reserve Board of Governors came to an end.

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, forecasting a significant rise in the Dow Jones Industrial Average. The Dow Jones Industrial Average closed at 10,273.00 on the day of publication.

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

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2000: Chief Economic Advisor for John McCain

In 2000, Hassett served as John McCain's chief economic advisor in the presidential primaries.

October 9, 2002: Decline of Dow Jones Industrial Average

By October 9, 2002, the Dow Jones Industrial Average had declined 37.8% since the publication of "Dow 36,000" by James K. Glassman and Kevin Hassett on October 1, 1999.

2003: Director of Economic Policy Studies at AEI

In 2003, Hassett was named director of economic policy studies at AEI.

2004: Economic Advisor to George W. Bush

In 2004, Hassett was an economic advisor to the George W. Bush campaign.

2005: Weekly column for Bloomberg

Since 2005, Hassett has been writing a weekly column for Bloomberg.

2007: Arguments on Corporate Tax Rates

In 2007, Hassett argued that the United States was on the wrong side of the Laffer curve in terms of corporate tax rates, leading to some commentators characterizing his supporting graph as deceptive.

2008: Economic Advisor to John McCain

In 2008, Hassett served as an economic advisor to the John McCain campaign.

2012: Economic Advisor to Mitt Romney

In 2012, Hassett was an economic advisor on Mitt Romney's presidential campaign.

2016: Irish State's review of tax code

In 2016, the Irish State conducted a review of the Irish corporate tax code. Seamus Coffey, Chairperson of the Irish Fiscal Advisory Council, authored the review.

September 2017: Chairman of the Council of Economic Advisers

In September 2017, Hassett became the 29th chairman of the Council of Economic Advisers.

December 2017: Advocating for TCJA

During the period of August to December 2017, Hassett had labeled Ireland as a tax haven on several interviews in advocating for the Tax Cuts and Jobs Act of 2017 ("TCJA").

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's Assessment

In July 2018, Seamus Coffey, Chairperson of the Irish Fiscal Advisory Council, posted that Ireland could see a "boom" in the onshoring of U.S. intellectual property, via the Irish Capital Allowances for Intangible Assets (CAIA) BEPS tool which is enhanced by Hassett's TCJA legislation.

September 5, 2018: Released Analysis on Real Wage Growth

On September 5, 2018, 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: Controversial Statement on Ireland

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

February 2019: Criticism of TCJA

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: Resignation Announcement

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

June 2019: Departure as Chairman of the Council of Economic Advisers

In June 2019, Hassett left his position as the chairman of the Council of Economic Advisers.

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

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

March 20, 2020: Return to White House Amid Pandemic

On March 20, 2020, Hassett returned to the White House to advise President Trump on economic policy during the COVID-19 pandemic.

April 15, 2020: Appointment as Senior Advisor

On April 15, 2020, Hassett was appointed as a senior advisor in the Trump administration.

May 2020: Statements on Economic Relief and Reopening

In early May 2020, Hassett suggested that additional coronavirus economic relief might not be necessary, anticipating that most state economies could reopen by the end of May. Hassett's model was widely criticized by academics.

2020: Return to the White House

In 2020, Hassett returned to the White House to work on the administration's economic response to the coronavirus pandemic.

November 2024: Appointment as Director of the National Economic Council

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

November 26, 2024: Appointment as Director of the National Economic Council

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

2024: Shortlisted for Federal Reserve Chair

In 2024, Hassett was reportedly shortlisted for nomination as chair of the Federal Reserve if Donald Trump were to win re-election. In 2024, President Donald Trump took office for the second time and chose Hassett as director of the National Economic Council.