WH Adviser Will Depart Trump Admin After Temporary Return To Assist COVID-19 Response

on October 25, 2017 in Washington, DC.
Chairman of the White House Council of Economic Advisors Kevin Hassett testifies during a hearing before the Joint Economic Committee October 25, 2017. (Photo by Alex Wong/Getty Images)
June 22, 2020 1:09 p.m.

White House adviser Kevin Hassett will reportedly depart the Trump administration this summer following his return in March to assist the President in response to the economic turbulence from the COVID-19 pandemic.

Axios first reported the news, noting that he will return as a distinguished visiting fellow at Stanford University’s Hoover Institution and vice president and managing director of The Lindsey Group — two positions he served in after leaving his position as Trump’s first Council of Economic Advisers chair in the spring.

In an interview with the Washington Post published on Monday, Hassett said that his departure aligns with the administration’s initial plan when he returned as an unpaid volunteer in March. Hassett told the Post that he agreed to return to the White House for about 90 days, adding that he has already stayed past that time window.

The White House did not immediately respond to TPM’s request for comment.

Get TPM in your inbox, twice weekly.
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Hassett’s reported departure comes on the heels of the announced departures of several White House economic officials, which include Andrew Olmen, special assistant to the president for economic policy and deputy director of the White House National Economic Council; Eric Ueland, former White House director of legislative affairs who left for the State Department; and Joe Grogan, director of the White House Domestic Policy Council.

Last month, Hassett became the bearer of bad news for the Trump administration when he agreed that the unemployment rate during the COVID-19 pandemic could remain in the double digits by the time President Trump appears on the ballot in November. Hassett also faced backlash for his off-handed comment that the nation’s “human capital stock” is ready to return to work.

“Our capital stock hasn’t been destroyed — our human capital stock is ready to get back to work, and so there are lots of reasons to believe that we can get going way faster than we have in previous crises,”  Hassett said during an interview on CNN last month.

Latest News
Comments are now Members-Only

Non-members are still able to read comments, but will no longer be able to participate. To join the conversation, sign up now and get:

30% Off Annual Prime Membership

TPM strives to build as inclusive a community as financially possible. We offer FREE memberships to those experiencing financial hardship and FREE memberships for students.

View all options
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Associate Editor:
Editor at Large:
General Counsel:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: