WASHINGTON—President-elect Joe Biden has chosen Brian Deese, a former adviser to Barack Obama, to be the director of the National Economic Council, according to people familiar with the matter.

In his new post, which doesn’t require Senate confirmation, Mr. Deese will play a lead role in implementing Mr. Biden’s economic agenda, with a focus on rebuilding the economy amid a pandemic that has devastated many U.S. businesses and resulted in millions of lost jobs.

Mr….

This post first appeared on wsj.com

You May Also Like

Home sales spike 14.5% in February as the median price drops for the first time in over a decade

Sales of previously owned homes rose 14.5% in February compared with January,…

Ford to Lay Off at Least 1,000 Contract, Salaried Workers

Share Listen (1 min) This post first appeared on wsj.com

Va. governor’s race: 5 things to watch in the most important election of the year

WASHINGTON — All eyes are on Virginia, where voters have their say…

Crypto Platform Bitzlato Charged With Laundering More Than $700 Million of Illicit Money

U.S. authorities designated cryptocurrency exchange Bitzlato Ltd. as a primary money-laundering concern…