WASHINGTON (6/11/13)--President Barack Obama Monday nominated Jason Furman to serve as the next chairman of the White House Council of Economic Advisers.
He would replace Alan Krueger if confirmed by the U.S. Senate. Furman joined the Obama administration as an assistant to the president for economic policy and the principal deputy director of the National Economic Council in 2009. He also served as a special assistant to the president for economic policy at the National Economic Council during the Clinton administration.
President Obama said "[Furman] understands all the sides of an argument, not just one side of it.
"He's worked tirelessly on just about every major economic challenge of the past four and a half years, from averting a second depression, to fighting for tax cuts that help millions of working families make ends meet, to creating new incentives for businesses to hire, to reducing our deficits in a balanced way that benefits the middle class," Obama added.