Keith Hennessey

Biography: 

Keith Hennessey was a research fellow at the Hoover Institution. His appointment ended on August 31, 2012. He is a lecturer at the Stanford Graduate School of Business. He served as director of the National Economic Council and assistant to the president for economic policy for President George W. Bush from November 2007 to January 2009. As such, he was involved in analyzing economic issues and coordinating the design of the president's economic policies, including advising President Bush on his administration’s response to the financial crisis of 2008. Before being named director of the National Economic Council, he was deputy assistant to the president and deputy director of the National Economic Council under three directors. Hennessey spent seven years as staff for two senators, most of that time as economic policy adviser to Senate majority leader Trent Lott. He recently served as a member of the Financial Crisis Inquiry Commission. He earned a BAS in mathematics and political science from Stanford and a MPP from Harvard's Kennedy School.

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Recent Commentary

Myths of the Financial Crisis

by Keith Hennessey, Edward Paul Lazearvia Hoover Digest
Tuesday, January 21, 2014

The damage was done, and the worst outcomes averted, before President Bush even left office.

Analysis and Commentary

Bush Ended Financial Crisis Before Obama Took Office -- Three Important Truths About 2008

by Edward Paul Lazear, Keith Hennesseyvia FoxNews.com
Monday, September 16, 2013

It was President Bush’s task to stop the financial panic that was occurring in the autumn of 2008. He and his administration succeeded.

Analysis and Commentary

Who Really Fixed The Financial Crisis?

by Edward Paul Lazear, Keith Hennesseyvia Politico
Sunday, September 15, 2013

This weekend marks the fifth anniversary of the collapse of Lehman Brothers, providing an opportunity to recount the history of the financial crisis, look back at what really caused it, and consider policy ramifications that remain relevant today. Even five years later, a host of misconceptions about the crisis — ranging from why it began to...

Observations on the Financial Crisis by Keith Hennessey and Edward Lazear

The financial crisis: five years later

by Keith Hennessey, Edward Paul Lazearvia Hoover Podcasts
Tuesday, September 10, 2013

Former George W. Bush economic advisers Keith Hennessey and Edward Lazear look back on the lessons of the 2008 financial crisis, presenting their thoughts, developed through discussions with colleagues and students, as well as correcting common misperceptions. Topics include the preceding financial panic, deregulation, the Troubled Asset Relief Program, the auto bailout, and the stimulus.

Analysis and Commentary

Tax Levels Cheat Sheet

by Keith Hennesseyvia KeithHennessey.com
Tuesday, August 28, 2012
Analysis and Commentary

The “Insufficient Detail” Critique of the Ryan Budget

by Keith Hennesseyvia KeithHennessey.com
Monday, August 27, 2012
Analysis and Commentary

What If It’s A Status Quo Election?

by Keith Hennesseyvia KeithHennessey.com
Sunday, August 26, 2012
Analysis and Commentary

The campaign politics of the Ryan budget

by Keith Hennesseyvia KeithHennessey.com
Saturday, August 11, 2012
Analysis and Commentary

The Policy Consequences of “You Didn’t Build That”

by Keith Hennesseyvia KeithHennessey.com
Thursday, July 26, 2012
Analysis and Commentary

Lame Ducks & Fiscal Cliffs (Part 2): Income Tax Rates

by Keith Hennesseyvia KeithHennessey.com
Tuesday, July 24, 2012

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