Kevin Hassett, former chairman of the White House Council of Economic Advisers, has been nominated by President-elect Trump to lead the National Economic Council. Photo: Al Drago/Bloomberg

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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Lynn Cavanaugh

Lynn Varacalli Cavanaugh is Senior Editor, Retirement at BenefitsPRO. Prior, she was editor-in-chief of the What's New in Benefits & Compensation newsletter. She has worked for major firms in the employee benefits space, Vanguard and Willis Towers Watson, as well as top media companies, including Condé Nast and American Media.