Neera Tanden: The Indian-American nominated in Joe Biden’s top economic team

Must Read

GoPro HERO 9 Black Holiday Bundle is now available to pre-order on Amazon

GoPro HERO 9 Black Holiday Bundle is now available on Amazon for just Rs. 48,990. As we head towards...

Corona Virus Vaccines: 580 adverse reactions, 2 deaths not linked to vaccine

A total of 3.8 lakh people have been vaccinated since the rollout of the corona virus vaccines three days...

CES 2021: BOE’s Active-Matrix Micro LED wins Innovative Display Application Product Award of the year

The Consumer Electronics Show (CES) 2021 was the first-ever all-digital format of the show. It kicked off on January...

US President-elect Joe Biden intends to nominate Indian-American Neera Tanden as the Director of the Office of Management and Bidet, a top position inside the White House responsible for managing the administration’s budget, according to local media reports on Sunday.

If confirmed by the United States Senate, Neera Tanden (50) would be the first woman of colour to head the influential Office of Management and Budget at the White House. Tanden is currently chief executive of the left-leaning Centre for American Progress. Tanden’s nomination is a part of Biden’s plan to build a team of liberal and centrist economic advisers to serve alongside planned Treasury Secretary nominee Janet Yellen, The Wall Street Journal said.

Neera Tanden: The Indian-American nominated in Joe Biden’s top economic team
Nikkei Asian Review

The nomination of Tanden, Yellen, and others are expected to be announced soon, as per multiple news reports.

Cecilia Rouse, a Princeton University labour economist, is likely to be named the chairwoman of the Council of Economist Advisers. Rouse, an African-American, would be the first woman of colour to chair the council, which will play a key role; in advising the president on the economy, which has been ailing since; the corona virus pandemic struck the country, throwing tens of millions out of work, as pre The Washington Post.

Biden also plans to nominate Adewale “Wally” Adeyemo as Deputy Treasury Secretary and name Jared Bernstein and Heather Boushey as members of his Council of Economic Advisors. The announcement is likely to be made on Tuesday.

The New York reported, “The announcement which will include Mr. Biden’s decision to name Janet L. Yellen, the former Federal Reserve chair, as Treasury secretary; will culminate in several women in top economic roles, including the first Black woman; to lead the Council of Economic Advisers.”

The daily said, “With the picks, Mr. Biden is showcasing a commitment to diversity in his advisers and sending a clear message that economic policymaking in his administration will be shaped by liberal thinks with a strong force on worker empowerment as a tool for economic growth.”

Brain Deese, a former Obama economic aide who helped lead that; administration’s efforts to bail out the American automotive industry, to lead the National Economic Council, the daily said.

According to The Washington Post, Neera Tanden will be under pressure from; conservatives to rein in government spending but will probably play; an instrumental role in crafting the Biden administration’s response to the current economic downturn.


Latest News

Marco Polo Season 3: What Is Happening With The Show?Release Date And Updates

American show Marco Polo Season 3 is at present hanging between individuals' convictions and makers' goals. The keep going...