Sunday, December 29, 2024
HomePoliticsHarris economic policy draws from Biden alumni Brian Deese and Mike Pyle ...

Harris economic policy draws from Biden alumni Brian Deese and Mike Pyle | Real Time Headlines

U.S. Vice President and Democratic presidential candidate Kamala Harris speaks at a campaign rally at the Thomas and Mack Center at the University of Nevada, Las Vegas, Nevada, on August 10, 2024.

Rhonda Churchill | AFP | Getty Images

economist Brian Dees Has begun advising the Vice President Kamala Harris She is working on an economic policy plan, according to three people familiar with the matter.

Dees is a former director of the President’s Joe BidenMember of the National Economic Council and researcher at the MIT Center for Energy and Environmental Policy Research.

Harris said she plans to release the first formal platform of her new presidential campaign — which will focus on lifting the middle class — in the coming days.

Deese has been a key adviser and sounding board to Harris as she and her team develop policy plans, people familiar with the matter said.

Harris is also working with Mike Pyle, the former deputy national security adviser for international economics in the Biden White House, these people said.

National Economic Council Director Brian Deese (left) and Vice President Kamala Harris (right) receive the weekly economic briefing in the Oval Office of the White House on April 9, 2021 in Washington, DC. (Photo by Amr Alfiky-Pool/Getty Images)

Amr Alfiky | Amr AlfikyGetty Images

Deese and Pyle are both alumni of the asset management giant BlackRockwho bring significant Wall Street experience to the Harris team. Pyle was formerly BlackRock’s global chief investment strategist. Deese served as the firm’s head of sustainable investing for three years.

Another key figure returning is Deanne Millison, Harris’ top economic adviser, who will serve until 2023, a person familiar with the matter told CNBC. Millicent currently serves as a lobbyist for Ford Motor Company.

Deese did not respond to a request for comment. Pyle did not respond to a request for comment sent through Macro Advisory Partners, where he is a senior adviser. A Ford spokesman did not immediately respond to a request for comment.

Along with Pyle and Deese, former senior Treasury Department official Brian Nelson also provides policy advice to Harris. So does longtime White House senior adviser Gene Sperling.

Deese is part of a small group of advisers who are helping Harris and her team develop policy proposals that are consistent with Biden’s broader economic agenda. As Biden’s vice president for the past three years, Harris has been a strong supporter of his economic recovery plans nationally and globally.

But now that Harris has emerged as the Democratic nominee, she has so far given little indication of how she might change course and craft a slightly different version of Biden’s economic agenda.

She toured battleground states last week but spent little time discussing specifics such as tax policy and jobs.

Read more CNBC politics coverage

Currently, Harris campaign spokesman Charles Lutvak noted that CNBC policy An overview of Harris’ recent remarks to reporters on the tarmac, in which she addressed the Fed’s independence and her planned policy rollout. He also mentioned a speech she gave in a speech Atlanta Two weeks ago, she hinted at some possible policy themes.

In that speech, Harris talked about price measurement, corporate landlords and the fight against pharmaceutical giants.

Deese is at the forefront of the Biden administration’s economic response to Covid-19, including through trillions of dollars in stimulus and tax credits that have helped the U.S. economy recover faster than almost any other country.

He also helped guide Congress through key economic legislation, such as the Inflation Reduction Act and the CHIPS Act, which are central to Biden’s White House legacy.

Deese’s career spans decades in Democratic economic policy work.

He began as an economic policy analyst at the Center for American Progress, a progressive think tank.

He worked on numerous Democratic presidential campaigns, including the 2004 campaign for former Secretary of State John Kerry and the 2008 campaign for former President Barack Obama.

He eventually joined the Obama administration and worked his way up to become one of the president’s senior advisers.

Deese also played a key role in negotiating the Paris climate agreement under Obama, positioning him as a climate-focused economic adviser well-aligned with Biden’s agenda.

RELATED ARTICLES

Most Popular

Recent Comments