'Dow 36,000' Co-author To Be Named White House CEA Chief, Report Says

By Steve GoldsteinMarketsMarketWatch Pulse

Kevin Hassett, an economist at the American Enterprise Institute, will be named chairman of the White House Council of Economic Advisers, Politico reported. Hassett is most known for co-authoring a book forecasting the Dow reaching 36,000 just months before the dot-com bubble burst. He's also advised several Republican presidential candidates.

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