WASHINGTON (AP) — President Joe Biden’s top economic adviser, Brian Deese, is leaving his post.
Biden said Thursday in a press release that Deese would step down as director of the White House National Economic Council. That position had him coordinating policy across the federal government and negotiating with Congress on coronavirus aid, the budget, infrastructure, the tax code, clean energy incentives, investments in computer chip plants and other measures that the president counts as key victories.
“Brian has a novel ability to translate complex policy challenges into concrete actions that improve the lives of American people,” Biden said. “He has helped steer my economic vision into reality, and managed the transition of our historic economic recovery to regular and stable growth.”
Deese leaves with the economy having thus far avoided a recession that many economists anticipated because the Federal Reserve has lowered inflation by slowing down the economy. Unemployment is at a low 3.5% and semiconductor corporations are constructing recent plants, while automakers are shifting toward greater production of electrical vehicles.
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