BREAKING NEWS

Report: Obama adviser Deese running for deputy budget chief

By REUTERS

MARCH 5, 2013 03:45

WASHINGTON - White House economic adviser Brian Deese is a leading candidate to become deputy director of the Office of Management and Budget, according to sources familiar with the matter.

Deese, now deputy director of the White House's National Economic Council, would join Sylvia Mathews Burwell, currently president of the Walmart Foundation, whom Obama tapped on Monday to be director of OMB.

Deese is a young, popular member of the president's economic team who was closely involved with the administration's bailout of the auto industry.

Deese coordinates policy at the White House on taxes, financial regulation, clean energy, and manufacturing.

If confirmed, Deese would help Burwell in executing the president's budget goals of reducing the US deficit while investing in areas that would spur US competitiveness such as early childhood education and clean energy technology.

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