Joe Biden to introduce top economic advisers as Covid-19 threat worsens

Vastavam web: U.S. President-elect Joe Biden will formally introduce his top economic policy advisers on Tuesday as his administration prepares to take power amid a slowing economic recovery hampered by the resurgent coronavirus pandemic. Biden will appear at an event in his hometown of Wilmington, Delaware, alongside his selections for senior roles, including his nominee for U.S. Treasury secretary, former Federal Reserve Chair Janet Yellen. Other picks include Cecilia Rouse, an economist at Princeton University, as chair of the Council of Economic Advisers; economists Heather Boushey and Jared Bernstein as council members; and Neera Tanden, chief executive of the liberal Center for American Progress think tank, as head of the Office of Management and Budget.

The transition to a Biden administration has proceeded despite Republican President Donald Trump’s false claims that he lost the election as a result of voter fraud. On Monday, Biden received his first full classified intelligence briefing since winning the Nov. 3 election, after Trump’s refusal to concede delayed the formal transition process for weeks. The certification of vote totals is typically a formality, but the process took on added significance amid Trump’s baseless allegations.

Trump has pursued a series of legal challenges in numerous states, although none has thus far resulted in any meaningful gains for the president. Most of the lawsuits have been rejected by judges, who have expressed skepticism about the claim that the election results are illegitimate.

Source: Reuters