Economic policy

Trump: Top economic adviser Kevin Hassett to leave White House

Kevin Hassett, Chairman of the Council of Economic Advisers, speaks during a briefing at the White House in Washington, DC, on September 10, 2018.
Council of Economic Advisers chairman Kevin Hassett. Photo: Nicholas Kamm/AFP/Getty Images

Kevin Hassett, who has served as chairman of the Council of Economic Advisers since September 2017, will soon step down from his post, President Trump announced Sunday.

"Kevin Hassett, who has done such a great job for me and the Administration, will be leaving shortly. His very talented replacement will be named as soon as I get back to the U.S. I want to thank Kevin for all he has done — he is a true friend!"
— Trump tweet

Saudi Arabia and UAE to attend Trump's "economic workshop"

Photo: The Washington Post/Getty Images

Representatives from two wealthy Gulf states, the United Arab Emirates and Saudi Arabia, announced on Tuesday that they will attend the economic gathering next month to roll out President Trump's Middle East peace plan.

Driving the news: The UAE's Ministry of Foreign Affairs and International Cooperation said in a statement that the UAE would send a delegation to Bahrain at the end of June to participate in what the Trump administration is calling an "economic workshop." Saudi Arabia announced that its Minister of Economy and Planning will attend as well.