National Economic Council Director Kevin Hassett on Friday poured cold water on a report that he's expected to leave the White House in the coming weeks.

That report is "not true," Hassett told CNBC's Eamon Javers in a text message.

Semafor reported earlier Friday afternoon that Hassett "has been inquiring about roles outside the administration," even before Republicans' drubbing in last week's midterm election.

Treasury Secretary Scott Bessent, and his counselor David Zervos, are among the names being floated to replace Hassett, according to Semafor, which cited unnamed people familiar with his plans.

But a White House official told CNBC in a statement later Friday, "There is no factual basis for this reporting."

"Kevin Hassett is a key member of President Trump's economic team and will continue working to advance President Trump's economic policies," the official said on condition of anonymity to discuss the matter.

Zervos, reached by phone after Semafor's story published, declined to comment.

This is breaking news. Please refresh for updates.