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U.S. president announces resignation of his top economic advisor

Daniel Stewart

2023-02-02
Archive
Archive – U.S. National Economic Council Director Brian Deese – Michael Brochstein/ZUMA Wire/dpa

U.S. President Joe Biden confirmed Thursday that Brian Deese, his top economic advisor, plans to step down after heading the National Economic Council since December 2020.

«He has helped turn my economic vision into reality and managed the transition from our historic economic recovery to steady and stable growth,» the president said in a statement released by the White House.

In that sense, he has specified that Deese worked on several «fundamental» fronts for the recovery of the U.S. economy, such as the U.S. rescue plan, the bipartisan infrastructure law, the CHIPS and science law, as well as the inflation reduction law.

«For the past two years, I have relied on Brian Deese to help me do just that. Brian has a unique ability to translate complex policy challenges into concrete actions that improve the lives of Americans,» he said.

For his part, Deese has assured, in declarations to the MSNBC network picked up by CNN, that his mandate has taken place in «an unprecedented period in almost every way in dealing with a pandemic, an economic crisis and all kinds of uncertain events, such as the invasion of Ukraine by Russia».

His departure comes as Biden and House Speaker Kevin McCarthy, R-Kevin McCarthy, a Republican, clash over the debt ceiling in the House as Democratic budgets expire next March.

The Treasury Department announced earlier that it will be able to continue paying the bills for several more months, until July 5, until the new House Republican majority passes a budget cut, NBC News reported.

Source: (EUROPA PRESS)

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