Biden Intends to Nominate Indian-American Tanden as Budget Chief- Reports

Business Standard Biden intends to nominate Indian-American Tanden as budget chief: Reports

US President-elect Joe Biden intends to nominate Indian-American Neera Tanden as the Director of the Office of Management and Budget, according to local media reports.

US President-elect Joe Biden intends to nominate Indian-American Neera Tanden as the Director of the Office of Management and Budget, 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, Tanden (50) would be the first woman of color to head the influential Office of Management and Budget at the White House. Tanden is currently chief executive of the left-leaning Center for American Progress.

Tanden's nomination is a part of Joe Biden 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.

Nomination of Tanden, Yellen and others are expected to be announced soon, multiple news reports said.

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

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.