By Amer Mathani, The Associated Press
President-Elect Joe Biden is expected to name several of his senior economic advisors in the coming days, a group that includes several liberal economists and policy experts who established their credibility during the last two Democratic administrations.
Biden, who has placed a premium on diversity in the selection of his cabinet nominees and key advisors, ranks at least a few first with his economic team selection.
The Biden campaign has not yet announced the Pix, but these are some of the individuals he hopes to select for high-profile positions in his economic team, according to people familiar with the transition process who are known to be presidents. Anonymity was given for speaking freely – Election deliberations:
Janet YELLEN, Treasury Secretary
Yellen became the chair of the Federal Reserve in 2014 when the economy was still recovering from the devastating Great Recession. In the late 1990s, he was President Bill Clinton’s top economic adviser during the Asian financial crisis. Under Biden she would lead the Treasury Department with an epidemic hit.
If confirmed, Yellen would become the first woman to head the Treasury Department in its nearly 232-year history. He will still inherit an economy with high-unemployment, increasing the threat to small businesses and signaling that consumers restrict the epidemic or discourage spending.
Neera Tandon, Director of Office Management and Budget
Tandon is the President and CEO of the Center for American Progress, a liberal think tank. She was director of domestic policy for the Obama-Biden presidential campaign, but she first made her mark in Clinton’s orbit.
Tandon served as policy director for Hillary Clinton’s 2008 presidential campaign. Prior to that, he served as deputy director and deputy campaign manager in Clinton’s Senate office and released director for Clinton’s 2000 Senate campaign. He also served as senior policy adviser in the Bill Clinton administration.
If confirmed, she would be the first woman of color and the first South Asian woman to head the OMB, the agency that oversees the federal budget.
Brian Dess, Director of the White House National Economic Council
Desse, a former senior economic adviser to the Obama administration and now global head of sustainable investment at Blackrock, will be the top economic adviser at the White House. He worked on auto bailout and environmental issues at the Obama White House, where he held the title of Deputy Director of both NEC and OMB.
CECILIA ROUSE, Chairman of the Economic Advisory Council
Ras is a labor economist and head of Princeton University’s School of Public and International Affairs. He served in the CEA from 2009 to 2011, and served on the NEC in the Clinton administration from 1998 to 1999.
In particular, it organized a letter earlier this year signed by more than 100 economists calling for more government action to reduce the decline for Americans due to the coronovirus epidemic.
Rouse, who is Black, will be the first woman of color to chair the CEA.
Biden also hopes to name Heather Bussie, president and CEO of the Washington Center for Equitable Growth, and Jared Bernstein, who served on the council, as Biden’s economic adviser during the Obama administration. Both Boushey and Bernstein advised Biden during the presidential campaign.
Associated Press authors Alexandra Jaffe, Christopher Rugaber and Michael Balasamo contributed to this report.
Copyright 2020 The Associated Press. All rights reserved. This content may not be published, broadcast, rewritten or redistributed.