President-elect Donald Trump announced last week that economist Kevin Hassett will serve as the Director of the White House National Economic Council. Hassett, who will return to the White House after serving during the first two years of the Trump Administration, co-wrote the Economic Innovation Group’s white paper, Inclusive Wealth-Building Initiative, which was the basis for the Retirement Savings for Americans Act of 2023 (RSAA), legislation that would give private sector workers access to portable, tax-advantaged retirement plan that the bill’s sponsors claimed would “help low- and middle-income Americans build wealth and save for retirement.”
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