» Subscribe Today!
More of what you want to know.
The Daily News
X

Forgot your password?
Skip Navigation LinksHome >
VOL. 128 | NO. 113 | Tuesday, June 11, 2013

Obama Nominates Furman as Top Economic Adviser

JIM KUHNHENN | Associated Press

Print | Front Page | Email this story | Comments ()

WASHINGTON (AP) – President Barack Obama has nominated Jason Furman, a veteran White House economic official, as chairman of the president's Council of Economic Advisers.

Obama calls Furman, 42, one of the most brilliant economic minds of his generation. He says Furman never forgets he's fighting for the middle class and those who aspire to join it.

If confirmed by the Senate, Furman would replace Alan Krueger, who is returning to his former post as a professor at Princeton University. Obama praised Krueger, saying he's driven by the principle that no full-time worker in America should be impoverished.

The council is one of two of the president's main sources of economic advice. The other is the National Economic Council, where Furman currently serves as principal deputy director.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Sign-Up For Our Free Email Edition
Get the news first with our daily email


 
Blog Get more from The Daily News
Blog News, Training & Events
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 76 166 10,044
MORTGAGES 105 195 13,070
FORECLOSURE NOTICES 5 40 2,578
BUILDING PERMITS 216 370 23,894
BANKRUPTCIES 82 152 9,685
BUSINESS LICENSES 42 51 3,654
UTILITY CONNECTIONS 103 264 14,227
MARRIAGE LICENSES 29 53 3,116

Weekly Edition

Issues | About

The Memphis News: Business, politics, and the public interest.