0 C
Lagos, NG
28th February 2021

Joe Biden Unveils Additional National Economic Council Members

Joe Biden Adopts 'America United' As Inaugural Theme
Joe Biden Adopts 'America United' As Inaugural Theme(Joe Biden/Twitte)

U.S. President-Elect Joe Biden on Monday, named additional members of the National Economic Council, rounding out his economic policymaking team, with people his transition office said would help lift Americans out of the economic crisis caused by COVID-19.

David Kamin, an official in former President Barack Obama’s White House, will be the NEC deputy director, and Bharat Ramamurti, a former top economic adviser to Senator Elizabeth Warren’s 2020 presidential campaign, will serve as NEC deputy director for Financial Reform and Consumer Protection, Biden’s team said in a statement.

Gamble will be Special Assistant to the President for Economic Policy, it added.

“This is no time to build back the way things were before — this is the moment to build a new American economy that works for all,” Biden said in the statement.

The appointments would help “lift all Americans out of the current economic crisis — and build a strong, inclusive, and more resilient economy for the future,” the statement said.

Earlier in December, Biden named Brian Deese, who helped lead Obama’s efforts to bail out the automotive industry and negotiate the Paris climate agreement, to lead the council, which coordinates the country’s economic policymaking.

Biden, a Democrat, beat Republican President Donald Trump in November’s election, in part by running on a platform to ease U.S. economic inequality and reduce the country’s reliance on fossil fuels.

U.S. congressional leaders reached agreement on Sunday on a $900 billion package to provide the first new aid in months to an economy and individuals battered by the surging coronavirus pandemic, the largest crisis facing Biden after his Jan. 20 inauguration.

Outgoing U.S. Treasury Secretary Steven Mnuchin told CNBC in an interview on Monday that he had spoken several times with Biden’s nominee to replace him, former U.S. Federal Reserve Chairwoman Janet Yellen.

“We are cooperating with the transition team, and I’ve had several direct sessions with her to tell her about many of the Treasury priorities and what needs to be done,” said Mnuchin, who overlapped with Yellen during her last year on the Fed before Trump replaced her.

Related posts

NFL: I wonder why white players aren’t kneeling- Amy Schumer


PSV Eindhoven Sack Manager Mark Van Bommel


Rafik Hariri: Explosion Rock Lebanese Capital Of Beirut


PHOTO: Governor Amosun Swears in new Chief Judge


‘Don’t Want My Children To Pay For My Sins- Ben Affleck 


Israel Adesanya becomes 2nd ever African to win a UFC belt


PHOTO: CBN imposed heavy sanctions on four Nigerian banks


See All The Nominations For The 63rd Annual Grammy Awards


Tamar Braxton visits the Palace of Oba Saheed Elegushi in Lagos


Breaking: Naira Marley allegedly released on bail 


Leave a Comment