President-elect Donald Trump has named Kevin Hassett to lead the National Economic Council.
Hassett served as the chairman of the White House Council of Economic Advisers during the first two years of Trump's first term in office.
Hassett briefly returned to the White House in 2020 to serve as an economic adviser to help with response to the COVID-19 pandemic.
Trump wrote in a statement, announcing the move:
"I am very pleased to announce that Dr. Kevin A. Hassett, of Massachusetts will serve as the Director of the White House National Economic Council. As my Chair of the Council of Economic Advisers, Kevin played a crucial role in helping to design and pass the Tax Cuts and Jobs Act of 2017, and stood with me as we pursued our enormously successful agenda to Make America Great Again.
"He will play an important role in helping American families recover from the Inflation that was unleashed by the Biden Administration. Together, we will renew and improve our record Tax Cuts, and ensure that we have Fair Trade with Countries that have taken advantage of the United States in the past. Kevin will also play a key role strengthening our Economic relationships with Allies, new and old, while also securing Prosperity for the American People.
"Kevin is currently the Brent R. Nicklas Distinguished Fellow in Economics at the Hoover Institution at Stanford University, and Managing Director at the Milken Institute. He served as the 29th Chairman of the Council of Economic Advisers (2017-2019), and returned to the White House in 2020 to serve as my Senior Advisor."