Categories: Politics

Former NEC director Gene Sperling will implement Biden Covid’s aid plan

In this file photo dated May 7, 2013, Gene Sperling, director of the National Economic Council, is speaking in Washington.

Charles Dharapak | AP

Former director of the National Economic Council, Gene Sperling, will oversee the implementation of President Joe Biden’s $ 1.9 trillion coronavirus relief plan, the White House said Monday.

Sperling, who once headed the National Economic Council under former presidents Barack Obama and Bill Clinton, will take on a role similar to that of Biden when he was vice president in 2009 during the financial crisis.

Biden was responsible for initiating the Obama Recovery Act at the time.

According to a senior White House official, Sperling will work with the heads of the White House political councils and key federal officials to help them get the funds required by law as quickly as possible and maximize their impact.

The official told CNBC that the administration will be working with state and local governments in this effort, much like Biden implemented the Restoration Act over a decade ago.

Biden signed the coronavirus relief package on Thursday.

As reported by CNBC in February, Sperling has been replaced by Neera Tanden as the administration candidate to head the Office of Management and Budget.

Jimmy Page

MV Telegraph Writer Jimmy Page has been writing for all these 37 years.

Recent Posts

JD Vance visits Hungary to assist Viktor Orbán

Hungary's Prime Minister Viktor Orban attends a bilateral luncheon hosted by US President Donald Trump…

4 days ago

Polymarket withdraws wager on rescue mission in Iran

Polymarket has removed a forum related to the rescue mission of U.S. military personnel amid…

6 days ago

Trump is getting ready drug tariffs of as much as 100%

The Trump administration on Thursday imposed new tariffs on brand-name drugs from drug companies that…

6 days ago

Trump’s tariffs prompted firms to take out high-interest loans

A Main Street Alliance protester holds a sign in front of the U.S. Supreme Court,…

1 week ago

Jamie Raskin has the right response to Pam Bondi’s firing

House Judiciary Committee Ranking Member Jamie Raskin (D-MD) has been an outspoken critic of Pam…

1 week ago

Meryl Streep on Colin Firth, Pierce Brosnan NSFW Mamma Mia remark

Oh mom, Colin Firth He had to take a moment when he saw his co-star…

1 week ago

This website uses cookies.