NEC Director Hassett is expected to leave his White House role in the coming weeks, Semafor reports, citing three people familiar with his plans; Hassett has been exploring roles outside the administration since well before the midterms

• US Treasury Secretary Bessent, who could hold both posts, and his counselor David Zervos are among those being considered to replace him.

Senior economic personnel turnover in a US administration is a familiar pattern, and NEC directors in particular have historically been among the shorter-tenured posts in the economic team, often cycling out after major legislative or election milestones. The market-relevant question is rarely the departure itself but the successor, since the NEC director sits at the junction of fiscal, trade and regulatory messaging, and past transitions of this kind have been read through the lens of whether the role consolidates power in Treasury or remains an independent voice. The suggestion that the Treasury Secretary could hold both posts is the notable element: dual-hatting has occurred in previous administrations and has tended to concentrate the administration's economic voice in one person, which reduces message dispersion but also removes an internal counterweight. Hassett's own positioning matters beyond this role, as he has been among the names discussed for senior monetary policy appointments, so an exit of this kind can also be read as repositioning ahead of a Fed-related vacancy rather than a simple departure. The follow-ons worth watching are the formal announcement, whether the successor profile skews toward fiscal orthodoxy or toward the administration's more interventionist instincts, and any shift in the tone of economic commentary from the White House during the interregnum. As a personnel signal rather than a policy decision, the read is directional only.