Business

Trump Announces Kevin Hassett, Economic Advisor of White House Will Go Away Soon

On Sunday the U.S. President Donald Trump has announced the departure of Kevin Hassett, Chairman of the Council of Economic Advisers (CEA). The president did not mention the reason behind the most recent exit from the government. Kevin has functioned as an architect of President Donald Trump’s so-called pro-American scheme. Trump appraised Kevin’s work in a post on Twitter. He noted the chairman had performed such an excellent task for him and the government. Trump tweeted the information while flying to Europe, where he will continue to visit some states. Although, the council will soon get a very skilful replacement after Trump returns to the U.S. The president also thanked Kevin for all his contributions to the government. Kevin has previously worked as a professor at Columbia University’s business school.

Even more, he has been the director of fiscal policy at the American Enterprise Institute. It is a Washington-based conservative think tank that studies government, economics, politics and social services. After that, in 2017, Trump named him for the role at White House in 2017. The CEA works as the in-house economic analysis for the government. It assists in developing the annual Economic Report of the President. Even more, the group plays a significant role in the Wes Wing and the economic data offices at the Labor and Commerce departments and other government organisations. In the White House, Kevin worked with Jared Kushner, Trump’s senior advisor and son-in-law. Both worked on a proposed immigration policy that the president un-rolled in May. Besides, he has backed a U.S. move to end exemptions of permits for nations that purchase Iranian oil.

On the other hand, Kevin said he had talked with Trump regarding the move. As per the chairman, the departure is not due to ongoing trade tensions or any other disputable issues in the White House. He noted it is just an ordinary thing; it has no ties with any strategy or conflicts. Kevin added he did not know what could be the next, but it makes him sorrowful to leave. Trump calls Kevin as a true friend. But the person who will replace the chairman remains a secret.

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Jason Amato

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