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Deese to be Biden’s top White House economic adviser

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Some progressive teams have warned towards hiring Deese, 42, to a White Home publish, given his present job within the monetary sector.

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“We’re involved, as our title suggests, with revolving door hires,” Jeff Hauser, who based the Revolving Door Undertaking to scrutinize government department appointees, informed POLITICO final week. “And Brian Deese’s [relationship] to BlackRock makes it much less seemingly that the federal authorities will rein in BlackRock correctly.”

Deese is extensively common amongst Democratic coverage arms, nevertheless. He labored on the auto bailout and environmental points in President Barack Obama’s White Home, the place he served as deputy director of each the NEC and the Workplace of Administration and Price range. And at BlackRock, his work has targeted on driving funds into sustainable investments like clear vitality.

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“He has simply confirmed himself to be an efficient champion for transitioning the financial system to be a cleaner financial system,” John Podesta, a former chief of workers to President Invoice Clinton and counselor to President Barack Obama earlier than founding the progressive group Heart for American Progress informed POLITICO final week. “There is no such thing as a query in my thoughts that he’ll marketing campaign aggressively on behalf of the setting.”



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