Most existing work on event extraction (EE) either follows a pipelined manner or uses a joint structure but is pipelined in essence. As a result, these efforts fail to utilize information interactions among event triggers, event arguments, and argument roles, which causes information redundancy. In view of this, we propose to exploit the role information of the arguments in an event and devise a Hierarchical Policy Network (HPNet) to perform joint EE. The whole EE process is fulfilled through a two-level hierarchical structure consisting of two policy networks for event detection and argument detection. The deep information interactions among the subtasks are realized, and it is more natural to deal with multiple events issue. Extensive experiments on ACE2005 and TAC2015 demonstrate the superiority of HPNet, leading to state-of-the-art performance and is more powerful for sentences with multiple events.