TribLIVE

| USWorld


 
Larger text Larger text Smaller text Smaller text | Order Photo Reprints

Nominee to chair economic advisers breaks the mold

Email Newsletters

Click here to sign up for one of our email newsletters.

Daily Photo Galleries

By The Associated Press
Monday, June 10, 2013, 6:03 p.m.
 

WASHINGTON — For someone with a reputation for seeking varying points of view before staking out a position or offering advice, Jason Furman was once, well, quite the risk taker.

President Obama's nominee to a top White House economic advisory post years ago took the stereotype of “on the one hand, on the other hand” economic rumination to a different place.

He juggled. Knives, specifically. On the streets of New York as a teenager. Sometimes, a bowling ball, an egg and an apple.

These days, Furman, 42, is a senior economic adviser who has been involved in economic policy since the Clinton administration. He has advised President Obama through the depths of the recession to, now, a modest recovery. He is a senior economist in a Democratic White House with friends and admirers among conservatives.

On Monday, Obama nominated Furman to be the next chairman of the White House's Council of Economic Advisers. If confirmed by the Senate, he would replace Alan Krueger, who is returning to his teaching post at Princeton University.

Unlike his three predecessors, who came from the world of academics, Furman is a member of the Washington economic establishment. He has been an adviser at the World Bank, to President Clinton, has worked at the Brookings Institution think tank, advised John Kerry on economic policy during his presidential run in 2004 and has counseled Obama since his 2008 campaign.

“When the stakes are highest, there's no one I'd rather turn to for straightforward, unvarnished advice,” Obama said.

Subscribe today! Click here for our subscription offers.

 

 


Show commenting policy

Most-Read Nation

  1. New Horizons flyby of Pluto on track despite computer glitch
  2. In 2005, Cosby said he got drugs to give women for sex
  3. Senante begins new debate on federal role for schools
  4. Idaho wildfire destroys homes, prompts hundreds to evacuate
  5. Obama vows to stick with current strategy against Islamic State
  6. Wild Walk gives treetop view of New York forest
  7. Heavy storms blast Kansas City area
  8. Texas wants its gold back in the state’s borders
  9. Markets ‘shrug off’ Greece debt saga
  10. Chesapeake Bay pollution plan approved
  11. Veterans ID card bill shows difficulty of approving legislation in Congress