According to a new report from Axios on Monday, one of the top White House advisers is planning on quitting within the next several weeks.
Senior White House economic adviser Kevin Hassett, who has been a prominent ally to Trump both within the White House and in the public eye, is reportedly leaving his post sometime this summer, according to anonymous administration officials.
Hassett has led much of the administration’s economic response to the coronavirus crisis, frequently making TV appearances to update Americans about Trump’s plans for economic adaption and recovery following unprecedented lockdowns.
Hassett has shown an ability to translate economic numbers into tangible terms for the president, steering Trump to support more stimulus and relief. His departure could cede power to administration officials who oppose a $2 trillion package and worry about the deficit.
Hassett, who served as Trump’s first Council of Economic Advisers chair, has consistently warned about the economic downsides from the pandemic and has pushed for more spending to combat an unemployment rate that he’s warned could hit 23%.
Hassett entered the White House in March just as the coronavirus crisis was heating up to serve as Trump’s first Council of Economic Advisers chairman, but reportedly only signed on temporarily to assist in developing the federal government’s economic strategy.
There is reportedly no ill will between Trump and Hassett, who will return to his former posts as a distinguished visiting fellow at Stanford University’s Hoover Institution and vice president and managing director of The Lindsey Group.
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