This morning, President Obama announced his intention to nominate Alan B. Krueger as a member of the Council of Economic Advisers (CEA). As one of the nation’s leading economists, Dr. Krueger will bring decades of experience, including serving as chief economist at the Treasury Department, and a wealth of knowledge to the challenge of creating jobs and promoting economic growth. Following his confirmation, President Obama will designate Dr. Krueger as Chairman of CEA.
During his remarks in the Rose Garden, the President first addressed the response to Hurricane Irene:
It’s going to take time to recover from a storm of this magnitude. The effects are still being felt across much of the country, including in New England and states like Vermont where there's been an enormous amount of flooding. So our response continues. But I’m going to make sure that FEMA and other agencies are doing everything in their power to help people on the ground.
President Barack Obama delivers a statement to the press in the Rose Garden of the White House announcing Alan Krueger as his nominee to lead the Council of Economic Advisers, Aug. 29, 2011. (Official White House Photo by Chuck Kennedy)
Even as communities of the Eastern seaboard recover from the hurricane, the country as a whole continues to face the challenge of economic recovery. As the President said today, Dr. Krueger will be a strong addition to his economic team as they work tirelessly to accelerate hiring and spur innovation:
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