White House denies Kevin Hassett departing Trump administration - The Straits Times

Kevin Hassett, the director of the National Economic Council, was said to have been inquiring about roles outside the administration since before the Nov 3 midterm elections.

WASHINGTON - The White House denied on Nov 13 that National Economic Council Director Kevin Hassett was leaving the Trump administration in the coming weeks.

Earlier on Nov 13, Semafor, citing three people familiar with the plan, reported that Hassett was departing in the coming weeks and had been inquiring about roles outside the administration since before the Nov 3 midterm elections, which resulted in Democrats retaking both chambers of the US Congress, delivering a blow for Republican President Donald Trump.

“There is no factual basis for this reporting. Kevin Hassett is a key member of President Trump’s economic team and will continue working to advance President Trump’s economic policies,” a White House official said.

Treasury Secretary Scott Bessent, who could hold both roles, and his counsellor, David Zervos, are among the people being eyed to replace Hassett, according to Semafor. The report said Hassett’s plans could change.

Semafor said Hassett’s departure would be the latest in a series of staffing changes at the White House. Last week, Trump replaced his chief of staff, Susie Wiles, with longtime aide Stephen Miller.

The US Treasury Department did not immediately respond to requests for comment.

Hassett served as the chairman of the White House Council of Economic Advisers during Trump’s first administration.

He left the role in 2019 but later returned to the White House to serve as a senior adviser to Trump during the COVID-19 pandemic.

Hassett was considered to replace Federal Reserve Chairman Jerome Powell in 2025, but Kevin Warsh eventually got the role. REUTERS