Biden Expected to Name Top Economic Officials This Week

WASHINGTON — President-elect Joseph R. Biden Jr. is expected to name top members of his economic team this week, including Neera Tanden, the chief executive of the Center for American Progress, to lead the Office of Management and Budget, and Cecilia Rouse, a Princeton labor economist, to run the Council of Economic Advisers, according to people familiar with the matter.

The announcement, which could come on Wednesday, will include Mr. Biden’s decision to name Janet L. Yellen, the former Federal Reserve chair, as Treasury secretary, along with Adewale Adeyemo, who was President Barack Obama’s senior international economics adviser, as deputy Treasury secretary.

Two of Mr. Biden’s top economic aides during his presidential campaign, Jared Bernstein and Heather Boushey, will join Ms. Rouse on the Council of Economic Advisers. Both Ms. Boushey and Mr. Bernstein come from a liberal, labor-oriented school of economics that views rising inequality as a threat to the economy and emphasizes government efforts to support and empower workers.

Mr. Biden has also selected Brian Deese, a former Obama economic aide who helped lead that administration’s efforts to bail out the American automotive industry, to head the National Economic Council, according to three people with knowledge of the selection.

Article source: https://www.nytimes.com/2020/11/29/us/politics/biden-cabinet-tanden-rouse-adeyemo.html