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VOL. 128 | NO. 113 | Tuesday, June 11, 2013

Obama Nominates Furman as Top Economic Adviser

JIM KUHNHENN | Associated Press

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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 This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 90 347 2,387
MORTGAGES 126 456 3,319
FORECLOSURE NOTICES 13 106 782
BUILDING PERMITS 167 921 6,335
BANKRUPTCIES 59 280 2,407
BUSINESS LICENSES 22 134 1,064
UTILITY CONNECTIONS 85 440 3,442
MARRIAGE LICENSES 18 95 623

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