January 17, 2021

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Biden to introduce top economic advisers as pandemic threat worsens

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Biden to introduce top economic advisers as pandemic threat worsens

U.S. President-elect Joe Biden will formally introduce his top economic policy advisers on Tuesday as his administration prepares to take power amid a slowing economic recovery hampered by the resurgent coronavirus pandemic.

Biden will appear at an event in his hometown of Wilmington, Delaware, alongside his selections for senior roles, including his nominee for U.S. Treasury secretary, former Federal Reserve Chair Janet Yellen.

The team’s makeup reinforces Biden’s view that a more aggressive approach to the pandemic is required. The advisers have all expressed support for government stimulus to maximize employment, reduce economic inequality, and help women and minorities, who have been disproportionately hurt by the economic downturn.

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Other picks include Cecilia Rouse, an economist at Princeton University, as chair of the Council of Economic Advisers; economists Heather Boushey and Jared Bernstein as council members; and Neera Tanden, chief executive of the liberal Center for American Progress think tank, as head of the Office of Management and Budget.

The transition to a Biden administration has proceeded despite Republican President Donald Trump’s false claims that he lost the election as a result of voter fraud. On Monday, Biden received his first full classified intelligence briefing since winning the Nov. 3 election, after Trump’s refusal to concede delayed the formal transition process for weeks.

Arizona and Wisconsin, two battleground states where Trump has pursued fruitless efforts to overturn the results, each certified Biden’s victory on Monday.

Vanguard News Nigeria

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