President-elect Joe Biden on Monday announced his choices for key members of his economic team.
Biden said that he would nominate former Federal Reserve Chair Janet Yellen to serve as Treasury secretary and Neera Tanden, president of the liberal Center for American Progress think tank, as director of the White House Office of Management and Budget (OMB).
If confirmed, both Yellen and Tanden would play crucial roles in the incoming administration’s efforts to repair the economic damage caused by the coronavirus pandemic.
Biden also announced that he would nominate Cecilia Rouse, dean of the Princeton School of Public and International Affairs, to chair the White House Council of Economic Advisers (CEA), the president’s internal economic analysis team.
The president-elect will tap campaign adviser and former chief economist Jared Bernstein and Heather Boushey, co-founder of the progressive Washington Center for Equitable Growth, as members of the CEA.
Rounding out the choices announced on Monday is Wally Adeyemo, whom Biden will nominate to serve as deputy Treasury secretary.
Read more at The Hill.
{Matzav.com}
