Biden To Nominate Tanden, Rouse and Others To Economic Team: WSJ

President-elect 👤Joe Biden plans to nominate Center for American Progress Chief Executive Neera Tanden as director of the Office of Management and Budget and economist Cecilia Rouse as chair of the Council of Economic Advisers, the Wall Street Journal reported on Sunday.

Biden, a Democrat, also plans to pick Wally Adeyemo, a senior international economic adviser during the Obama administration, to serve as Janet Yellen’s top deputy at the Treasury Department, the Journal reported, citing people familiar with the matter.

Economists Jared Bernstein and Heather Boushey will be nominated to serve as members of the Council of Economic Advisers, the report added.

A representative for the Biden campaign did not immediately respond to a request for comment. Tanden, Rouse, Adeyemo, Bernstein and Boushey could not immediately be reached for comment on Sunday.

Before taking the reins at the Center for American Progress, a center-left think tank, Tanden was a healthcare adviser in former President Barack Obama’s administration. She was also an adviser for Democrat Hillary Clinton’s 2016 presidential campaign.

Rouse, a labor economist at Princeton University, whose research has focused on the economics of education, previously served as a member of Obama’s Council of Economic Advisers.

Adeyemo was a senior White House national security adviser for international economics during the Obama administration, as well as a top aide to former Treasury Secretary Jack Lew. He is currently president of the Obama Foundation

Bernstein, one of Biden’s closest aides, served as his chief economic adviser as Biden, then the vice president, and Obama fought to pull the United States out of the Great Recession.

He was tasked with calculating and explaining how many jobs the Obama administration’s hard-fought recovery act saved in 2009, and was widely expected to have a similarly prominent role in a Biden administration,