(usda loan mortgage companies, qualifications for a conventional mortgage loan, mortgage home loan process, va mortgage loan credit score requirements, what is the mortgage rate for a va loan, how to apply for a va mortgage loan, mortgage loan omaha, movement mortgage va loan, sierra pacific mortgage my home loan, when to refinance mortgage loan, how much is a jumbo mortgage loan, mortgage loan options for first time home buyers, mortgage loan income to debt ratio, what does it take to be a mortgage loan officer, refinance mortgage and equity loan, qualify for a fha mortgage loan, second mortgage or home equity loan, advantages of a va mortgage loan, va mortgage loan closing costs, apply for mortgage loan online with bad credit, mortgage loan disclosures within 3 days, how to get home mortgage loan, federal home loan mortgage company, prequalify for mortgage loan online, refinance mortgage vs home equity loan, citigroup mortgage loan trust inc phone number, mortgage loan pre approval online, mortgage loan expenses, apply online for mortgage loan, second mortgage loan companies, harp loan second mortgage, fha loan without mortgage insurance, home loan mortgage broker, can i refinance my mortgage and home equity loan together, what is the maximum loan amount for a reverse mortgage, 200k loan mortgage, can i get a home improvement loan with my mortgage, 21st mortgage loan requirements, no mortgage home equity loan, pre approved mortgage but denied loan, bank or mortgage company for home loan, mortgage loan grants, va loan mortgage companies, 100 loan to value mortgage refinance, mortgage loan rate vs apr, veterans mortgage loan, estimate mortgage loan approval amount, who can get a va mortgage loan, is a home equity loan the same as a mortgage, va mortgage loan eligibility, difference between mortgage and home loan, reverse mortgage loan rates, reverse mortgage home loan, reverse mortgage loan scheme sbi, best cheapest car insurance company, who is the best car insurance company for young drivers, best term insurance company, best online car insurance company, best insurance company for drivers with points, best cheap car insurance company, best company for auto insurance, best cheapest auto insurance company, best car insurance company for new drivers, best company for car insurance, cheapest best auto insurance company, which is the best insurance company for auto, what is the best home and auto insurance company, what is the best and cheapest auto insurance company, best and cheapest car insurance company, best company for home and auto insurance, navigators insurance company am best rating, best car insurance company 2015, what is the best insurance company for auto, best car insurance company california, what is the cheapest and best car insurance company, best car insurance company in california, best online insurance company, who is the best rated auto insurance company, best insurance company for auto and home, automotive accident lawyers, accident automotive, automotive insurance company, cheap automotive insurance, automotive insurance, automotive insurance quotes, automotive insurance new york, automotive insurance companies, automotive certification online)
Brian Deese, Biden’s top economic adviser, to leave White House
Biden and McCarthy meet to discuss debt ceiling
Biden and McCarthy meet at White House to discuss debt ceiling
08:03
Washington – Brian Deese, President Biden’s top economic adviser, is leaving the White House, the presidential team’s latest significant mid-term departure.
The announcement of Deese’s departure comes a day after the departure of the White House chief of staff Ron Klain, who was replaced by former COVID-19 czar Jeff Zients. Deese has served as director of the National Economic Council since Mr Biden took office and was due to step down sometime this year. According to a White House official, Deese’s final day is expected to be in mid-February.
In a statement, Mr. Biden called Deese “critical” to the country’s economic recovery from the COVID-19 pandemic and instrumental in passing significant legislation, including America’s bailout plan and the bipartisan infrastructure bill.
“When I took office, we were faced with high unemployment, an economic crisis and major roads closed across the country,” Biden said in a statement. “I knew that not only did we need to get families back to work and reopen businesses, but we also needed to rebuild our economy so no one was left behind. For the last two years I have relied on Brian Deese to help me with this. Brian has a unique ability to translate complex policy challenges into concrete actions that improve Americans’ lives. He has helped turn my economic vision into reality and managed the transition from our historic economic recovery to steady and stable growth.”
It’s not uncommon for White House officials to resign after about two years in an administration, often for more lucrative jobs in the private sector. It’s not yet clear who will replace Deese or where he will go next.
Deese’s departure comes ahead of Mr Biden’s State of the Union address and he is trying to reach an agreement with House Speaker Kevin McCarthy raising the debt limit. The two had their first meeting on Wednesday, which McCarthy described as “good.”
During Deese’s tenure and Mr Biden’s first two years in office, the pandemic eased and unemployment fell and the economy has grown. But the Biden administration has also been criticized for high inflation, which is falling but continues to weigh on American budgets.
Kathryn Watson
Kathryn Watson is a political reporter for CBS News Digital based in Washington, DC