Senate Confirms Biden's Chief Economist After Manchin Drama.

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Source: POLITICO
Senate Confirms Biden's Chief Economist After Manchin Drama.
Photo: POLITICO
TL;DR Summary

Jared Bernstein has been confirmed as the White House's chief economist by the Senate Democrats in a 50-49 vote, despite opposition from Sen. Joe Manchin and Republicans. Bernstein, a long-time confidant of President Joe Biden, will chair the Council of Economic Advisers at a pivotal moment for the economy. Republicans have criticized Bernstein for his role in advancing Biden-backed spending bills that pumped fiscal stimulus into the economy as inflation took root. Bernstein's background as a labor market specialist focused on income inequality shaped White House policies designed to bring manufacturing onshore.

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