Biden confirmed his top economic aide is leaving the White House



CNN

President Joe Biden announced his National Economic Council Director Brian Deace on Thursday He plans to step down from his roleThe long awaited confirmation of the expected departure.

Biden’s statement did not provide any details on a successor or timing of Dees’ departure, but praised the work of his top economist during a difficult time. American economy.

“Brian has a unique ability to translate complex policy challenges into concrete actions that improve the lives of the American people. He helped guide my economic vision into reality and managed to transform our historic economic recovery into sustained and sustainable growth,” Biden said in the statement, citing Deis’ role in passing key legislation, including bipartisan infrastructure legislation. Said to play an “important” role. The Covid-19 Relief Bill, the CHIPs and Science Act and the Health and Climate Package.

Biden is expected to campaign on the implementation and successes of those key bills through his expected re-election announcement.

“I am grateful to his wife Cara and his children Adeline and Clark for letting me borrow Brian. I know very well what it must have been like to say goodbye to him for the usual long trip to Washington, and I know they are excited to welcome him home,” Biden said.

Defined by stability after two yearsBiden is tasked with remaking the White House’s economic team, at a moment when the U.S. economy is holding back on job gains and growth that has surprised analysts — and even some in the West Wing.

Cecilia Rouse, president of the Council of Economic Advisers, has long planned to return to Princeton University next month. Current CEA member and longtime Biden economic adviser Jared Bernstein will replace him in the role, according to two people familiar with the matter.

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Biden did not pick an NEC replacement, a key role played by Deese, who led Biden’s economic team and played a key role in legislative negotiations that led to trillions in new spending designed to transform entire sectors. economy.

Federal Reserve Vice Chairman Loyal Brainard is the frontrunner to be tapped for the post, two people familiar with the matter said, though Biden has yet to weigh in on his decision and cautioned that it won’t happen until after state. Union address. Other candidates include current White House official Jean Sperling, Deputy Treasury Secretary Wally Adeyemo and Sylvia Matthews Burwell, a former Cabinet official in the Obama administration.

The announcement of Dees’ impending exit comes a day after he hosted an emotional event at the White House Ron Klein, Biden’s first chief of staff, is out.

The departures of two of Biden’s top advisers could be a sign of changes to come in the White House and the administration, as staff and cabinet officials look to a potential shakeup midway through Biden’s first term.

The exit opportunity is not one lost on the White House.

Ahead of last fall’s November midterm elections, the White House announced a talent search program to prepare for potential vacancies across Cabinet and senior administration positions. Jeff Giants, Biden’s former Covid-19 coordinator Brought in to guide identification of possible alternatives for roles. He will succeed Klein as Biden’s chief of staff.

This story has been updated with further reporting.

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