WASHINGTON–President Barack Obama is tapping Jason Furman on Monday to be the new Chairman of the Council of Economic Advisers, replacing Alan Krueger, a move that has been expected.
below, from a White House official….
On Monday afternoon, President Obama will host an event at the White House to announce his intent to nominate Jason Furman as Chairman of the Council of Economic Advisers. The President will be joined by Jason Furman and Alan Krueger at the announcement, which will take place at 2:10 pm at the White House.
Furman is currently Assistant to the President for Economic Policy and the Principal Deputy Director of the National Economic Council, a post he has held since the beginning of the administration. Furman has advised the President on a wide array of economic issues, from infrastructure investment to technology policy to tax reform. He helped craft the Recovery Act and was a core contributor to the shaping of the Affordable Care Act. Furman has also played a key role supporting the President’s efforts to bring tax relief to middle class and working families, serving as one of the key architects of the 2010 tax deal, which gave every working family a payroll tax cut and included the largest business investment incentive in history, and helping to pass the American Taxpayer Relief Act of 2012 which made permanent tax cuts for American families and helped make our tax code more progressive and fair. A member of the President’s economic team since 2008, Furman has been a key advisor to the President and has contributed to most every major proposal on jobs and the economy since then.
Furman will succeed Alan Krueger, current CEA Chairman, who recently announced his plans to return to his position as Bendheim Professor of Economics and Public Affairs at Princeton University in the fall. The President issued the following statement praising Krueger’s service last month: LINK.
Dr. Jason Furman, Nominee, Chairman of the Council of Economic Advisers
Dr. Jason Furman is the Assistant to the President for Economic Policy and the Principal Deputy Director of the National Economic Council. Previously, Dr. Furman was the Economic Policy Director for the Obama for America Campaign in 2008. From 2007 to 2008, he was a Senior Fellow in Economic Studies and Director of the Hamilton Project at the Brookings Institution. Dr. Furman served as Visiting Scholar at NYU’s Wagner Graduate School of Public Service from 2005 to 2008. He was a Senior Fellow at the Center on Budget and Policy Priorities from 2005 to 2006 and prior to this, was a visiting lecturer at Yale and Columbia Universities. From 1999 to 2000, he was Special Assistant to President Clinton at the National Economic Council. Earlier, Mr. Furman was Senior Adviser to the Chief Economist and Senior Vice President of the World Bank and he began his public service career as a Staff Economist with the Council of Economic Advisers. Mr. Furman received an M.Sc. from the London School of Economics and both an M.A. and Ph.D. from Harvard University.