Bipartisanship wins a round at the White House
Kevin Hassett, Trump's newest economics aide, is known for openness to ideas.
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Economists of all political views breathed a sigh of relief and raised a glass in celebration when Kevin Hassett was confirmed last week as chairman of the Council of Economic Advisers.
Hassett, my former American Enterprise Institute colleague, is widely respected, as evidenced by a June letter of support for his nomination signed by 44 leading economists from both the left and right. The signatories include 14 former CEA chairs — every living CEA chair except Janet Yellen (understandable given her current job as chair of the U.S. Federal Reserve) and Joseph Stiglitz, the liberal economist from Columbia University — and two former Fed chairmen. (I am one of the signatories.)
This degree of bipartisanship is all too rare in Washington, and is evidence of the value Hassett has always placed on productive engagement with those with whom he disagrees and of his professional excellence.
One person who knows that as well as anyone is Senator John McCain, whom Hassett advised during his 2000 and 2008 presidential campaigns. Here’s McCain’s statement about Hassett in the congressional record:.