WASHINGTON — President-elect Joseph R. Biden Jr. formally announced his top economic advisers on Monday, choosing a team that is stocked with champions of organized labor and marginalized workers, signaling an early focus on efforts to speed and spread the gains of the recovery from the pandemic recession.
In a sign that Mr. Biden plans to focus on spreading economic wealth, his transition team put issues of equality and worker empowerment at the forefront of its news release announcing the nominees, saying they would help create "an economy that gives every single person across America a fair shot and an equal chance to get ahead."
Not to change the topic here:
Biden to pick economic team amid battle between centrists, progressives | Reuters
WASHINGTON (Reuters) - President-elect Joe Biden is expected to name Neera Tanden, who was an adviser to former President Barack Obama, as director of the White House budget office, and economist Cecilia Rouse as chair of the Council of Economic Advisers as soon as Monday, according to a person familiar with the process.
Biden is also expected to pick Wally Adeyemo, senior international economic adviser in the Obama administration, to serve as Janet Yellen's top deputy at the Treasury Department. Economists Jared Bernstein and Heather Boushey are expected to be named as members of the Council of Economic Advisers, the person said.
U.S. housing, manufacturing data suggest economic recovery slowing | The Mitchell Republic
Joe Biden to nominate Janet Yellen, highlight diversity on economics team - ABC7 New York
Incoming White House Chief of Staff Ron Klain told ABC News Chief Anchor George Stephanopoulos that President-elect Joe Biden will announce his first cabinet picks Tuesday in an exclusive interview on "This Week."
Other things to check out:
Joe Biden Chooses Brian Deese as Top Economic Adviser - WSJ
WASHINGTON—President-elect Joe Biden has chosen Brian Deese, a former adviser to Barack Obama, to be the director of the National Economic Council, according to people familiar with the matter.
In his new post, which doesn't require Senate confirmation, Mr. Deese will play a lead role in implementing Mr. Biden's economic agenda, with a focus on rebuilding the economy amid a pandemic that has devastated many U.S. businesses and resulted in millions of lost jobs.
Economy: Worsening pandemic raises stakes for Biden's proposals - CNNPolitics
(CNN) Sitting in an Iowa diner a year ago, candidate Joe Biden aimed his economic agenda at the widening gap between America's rich and everyone else.
Powell stresses importance of lending programs, calls economic outlook 'extraordinarily
Federal Reserve Chairman Jerome Powell emphasized the importance of the lending programs it has deployed during the coronavirus pandemic, telling senators in testimony to be delivered Tuesday that they've been integral in keeping the economic fallout from being worse.
Many of the key programs that the central bank has used since March are expiring at the end of the year, and the Fed will be forced to return the funding that supports them.
"These programs serve as a backstop to key credit markets and have helped restore the flow of credit from private lenders through normal channels," Powell said in prepared remarks for the Senate Finance Committee. "We have deployed these lending powers to an unprecedented extent."
What Biden’s choices for his economic team say about his priorities | PBS NewsHour
President-elect Joe Biden on Monday named a diverse group to lead his economic team, including Janet Yellen, the former head of the Federal Reserve, as his choice for treasury secretary. Jim Tankersley, who covers economics for The New York Times and is author of the recent book, "The Riches of This Land," joins Judy Woodruff to discuss.
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As we reported earlier, President Biden announced his economic team today. He named a diverse group that features four women in top roles, including former Federal Reserve Board Chair Janet Yellen as his choice for Treasury secretary.
Happening on Twitter
President-elect Biden believes this is no time to build back to the way things were before—with the old economy's s… https://t.co/9ssBvBwq9U Transition46 (from United States of America) Tue Dec 01 00:08:23 +0000 2020
It's official: Biden announces economic team: Janet Yellen, Treasury Secretary; Neera Tanden, OMB Director; Wally A… https://t.co/pWZUn23TGh kylegriffin1 (from Manhattan, NY) Mon Nov 30 14:40:00 +0000 2020
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