BREAKING: Biden to Nominate Tanden, Rouse, and Others to Economic Team

Photo: Reuters

(Reuters) - 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.

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 labour 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.

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