Statement from IIF President and CEO on Selection of Kevin Hassett for National Economic Council

The Institute of International Finance today issued the following statement from President and CEO Tim Adams, in response to the announcement that President-elect Trump has selected Kevin Hassett to be director of the White House National Economic Council:

“I congratulate Kevin Hassett on his appointment to lead the National Economic Council in the incoming administration. Throughout his distinguished career as a leading intellectual and public servant, Hasset has demonstrated the strong leadership, expansive economic expertise and political judgement required for the role. I am confident that under Kevin's guidance, the Council will continue to provide the President with the strategic counsel needed to support sustained economic growth and capital formation while addressing pressing economic challenges.”

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About the Institute of International Finance (IIF)

The Institute of International Finance (IIF) is the global association of the financial industry, with about 400 members from more than 60 countries. The IIF provides its members with innovative research, unparalleled global advocacy, and access to leading industry events that leverage its influential network. Its mission is to support the financial industry in the prudent management of risks; to develop sound industry practices; and to advocate for regulatory, financial, and economic policies that are in the broad interests of its members and foster global financial stability and sustainable economic growth. IIF members include commercial and investment banks, asset managers, insurance companies, professional services firms, exchanges, sovereign wealth funds, hedge funds, central banks, and development banks. To learn more about IIF, please visit www.iif.com, follow us on X (formerly Twitter), LinkedIn or YouTube, or check out IIF’s podcasts.