Indian-American named to key post in Biden’s economic team

New York, (IANS) Indian-American economist Bharat Ramamurti and four other individuals have been selected by US President Joe Biden as important members of his economic team to carry out his “steady and stable growth strategy.”

Ramamurti, who is now the National Economic Council’s deputy director, will be a strategic economic communications advisor.

“My economic plan has given the American people historic results over the last two years. This team will be dedicated to putting that plan into action while overseeing the transition from our historic economic recovery to steady and sustained growth, “Biden stated in a White House press release.

In addition to Ramamurti, Biden also named Lael Brainard as the National Economic Council’s director and Jared Bernstein as the chairman of the Council of Economic Advisers.

Heather Boushey has been appointed as the Invest in America Cabinet’s Chief Economist, while Joelle Gamble has been made the National Economic Council’s Deputy Director.

In addition to Bharat, Heather, Joelle, and other significant members of my White House economic team, Lael and Jared will contribute to the work of creating a powerful, inclusive, and more resilient economy for the future, according to Biden.

He also stated that his team will work tirelessly to ensure that every American receives a fair wage and an equal opportunity to advance, and that their businesses can thrive and outcompete the rest of the world.

“Very excited to work with these wonderful people,” Ramamurti tweeted on Wednesday.

Prior to joining the Biden administration, Ramamurti was appointed by Senate Democratic Leader Chuck Schumer to the Congressional Oversight Commission for the CARES Act in 2020.

He previously worked as the Director of the Roosevelt Institute’s Corporate Power programme and as an economic policy adviser to Senator Elizabeth Warren in her Senate office and on her presidential campaign.

Ramamurti, who is from Tamil Nadu, was born in Massachusetts and attended Harvard College and Yale Law School.