“I need to thank Kevin for all he has accomplished – he’s a real pal!” Trump tweeted.
Hassett instructed CNN Sunday evening that nobody requested him to go away the position, including that it’s regular for CEA chairmen to step down after two years.
“That turnover is basically wholesome for the CEA as a result of it’s meant to be an unbiased advisory physique,” Hassett mentioned.
Hassett mentioned he mentioned the departure with Trump final week.
“We went over a number of issues and had a really cheerful, pleasant after which considerably unhappy dialog as a result of we have been each unhappy about it,” Hassett mentioned.
It was not clear when Hassett would formally go away the position, or who would exchange him. The White Home couldn’t be reached for extra remark late Sunday.
Hassett beforehand served as a senior economist on the Board of Governors of the Federal Reserve System. He instructed CNN that he wouldn’t be becoming a member of the Federal Reserve Board.
“It isn’t my job at CEA to provide the Fed recommendation,” Hassett instructed CNN on the time. “My job at CEA is to remind folks to respect the independence of the Fed.”
Trump, who’s at the moment on a state go to to the UK, mentioned he would identify Hassett’s substitute after returning to america.