National Economic Council Director Kevin Hassett is expected to depart his role at the White House in the coming weeks, three people familiar with his plans told Semafor.
Hassett has been inquiring about roles outside the administration since well before this month’s midterm elections, some of the people said. Treasury Secretary Scott Bessent, who could hold both jobs, and his counselor, David Zervos, are among those being eyed to replace him.
Hassett’s plans haven’t been officially announced and, like much in the Trump administration, there’s always the chance they could change. Neither the White House nor the Treasury Department provided comment for this story.
President Donald Trump tapped Hassett, who served in the first Trump administration, to return as his top economic adviser nearly two years ago. 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, 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.
