Biden is reconfiguring his economic team, with new appointments for two top White House jobs as he enters the second half of his term.
Photos: Al Drago/Bloomberg via Getty Images and Tom Williams/CQ-Roll Call, Inc via Getty Images
The move puts a seasoned economist at the president's right hand as he faces a debt-ceiling showdown with House Republicans and a potential recession. It also opens up a crucial job at the Fed, giving Biden the opportunity to app0int a new No. 2 official at the central bank at a delicate time. Brainard has a particularly broad role there in both management and policy-setting.Bernstein is currently a member of the Council of Economic Advisers; he is to replace Cecilia Rouse, who is returning to her professorship at Princeton.
"Jared is a brilliant thinker and one of my closest and longest-serving economic advisers," the statement added. "A former social worker, Jared was in the foxhole with me while I was Vice President, and he understands that a job is about far more than a paycheck, it’s about the dignity of work."the White House announced that Joelle Gamble, the chief economist at the Labor Department, will become a deputy director of the National Economic Council.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Biden to pick Federal Reserve's Lael Brainard, Jared Bernstein as top economic advisersPresident Biden is appointing two top economic advisors for his administration on Tuesday amid economic uncertainty and high rates of inflation in January.
Weiterlesen »
Biden to name Fed's Lael Brainard to lead National Economic CouncilPresident Joe Biden is set to name Federal Reserve Vice Chair Lael Brainard to serve as his economic-policy coordinator at a difficult time when the U.S....
Weiterlesen »
Biden to name Fed's Lael Brainard as top economic adviser - sourceU.S. President Joe Biden is expected to name Federal Reserve Vice Chair Lael Brainard to the White House's top economic policy position as early as Tuesday, a source familiar with the matter said on Monday.
Weiterlesen »
Biden picks Lael Brainard, top Fed official, to run economic teamBiden will appoint Lael Brainard, a top official at the Federal Reserve, to lead the White House economic team as director of the National Economic Council, according to two people familiar with the matter.
Weiterlesen »
Biden picks Fed's Lael Brainard for National Economic CouncilJUST IN: Biden has selected Lael Brainard, currently the Fed's vice-chair, to replace Brian Deese as the National Economic Council director.
Weiterlesen »