Hassett expected to depart White House
National Economic Council Director Kevin Hassett poured cold water on a report that he's expected to leave the White House in the coming weeks.
- The order, first reported by Semafor, followed Hassett’s longtime advocacy for recreating the government’s Thrift Savings Plan for private-sector workers — but ultimately took a less ambitious approach, creating a website where workers can shop existing plans.
- Hassett’s expected departure, while not tied to Republicans’ lackluster midterm results, would be the latest in a series of staffing changes hitting the Trump administration in recent weeks.
- Since then, Hassett’s served as the face of everything from the economic fallout from the Iran war to the president’s campaign against former Federal Reserve Chair Jerome Powell.
Hassett’s deputy, Ryan Baasch, left the White House at the end of September.
Hassett, who was in the running to replace Powell, saw one of his top priorities advance in February, when the president signed an executive order that sought to expand access to retirement plans for workers whose employers don’t provide one.
- “The Trump administration will continue delivering results for hardworking families.” Hassett later denied he planned to leave in a text message to CNBC.
- Hassett has been inquiring about roles outside the administration since well before this month’s midterm elections, some of the people said.
- Hassett’s plans haven’t been officially announced and, like much in the Trump administration, there’s always the chance they could change.
- Trump tapped Hassett, who served in the first Trump administration, to return as his top economic adviser nearly two years ago.
- More recently, Trump replaced his then-chief of staff Susie Wiles with Stephen Miller, the architect of the administration’s strict immigration policies.
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