November 29, 2007

Hennessey Named To Top Economic Post

President Bush's top economic adviser for the past three years, Al Hubbard, announced yesterday that he will leave his post by the end of this year, continuing an exodus of White House aides heading into the administration's final year.

Bush promptly named Keith Hennessey, a White House deputy economic aide for five years, to succeed Hubbard as assistant to the president for economic policy and director of the National Economic Council. Hennessey has also worked for Sen. Trent Lott, R-Miss., and the Senate Budget Committee.

Hubbard has been one of Bush's closest advisers and friends since the two earned their MBAs together at Harvard Business School in the early 1970s. Hubbard has been involved in tax policy, health care, Social Security reform and other economic issues, including the recent debate over the State Children's Health Insurance Program.

Hubbard, a native of Indiana and former president of an Indianapolis investment firm, has not revealed his plans.

- CongressDaily

Posted at 7:43 AM
Posted to: Bush Administration
Share via