President Barack Obama yesterday nominated one of his longtime economic-policy advisers, Jason Furman, to serve as the next chairman of the White House Council of Economic Advisers, the Wall Street Journal reported today. Furman has been an economic adviser to the president since 2008 and has had a hand in many of Obama's major economic proposals, including those aimed at reducing the deficit and overhauling the nation's corporate tax code. The president's selection will help round out his economic policy team for the second term. That team includes a mix of close advisers, such as Treasury Secretary Jacob Lew and U.S. Trade Representative nominee Mike Froman, and fresh faces in the administration, including Commerce secretary nominee Penny Pritzker.
