White House senior economic adviser Gene Sperling has just left the Biden administration to work with Vice President Kamala Harris’ election campaign, according to reports.
The move came Monday, on the same day stock markets collapsed worldwide.
“Gene joined my administration as the only person to have ever directed the National Economic Council under two presidents, and has helped me execute a rescue plan that has led to one of the most equitable and resilient economic recoveries ever,” said Biden in a Monday statement. “Under Gene’s leadership, the American Rescue Plan has delivered economic relief to cities and counties across the country, protected millions of union pensions, made the largest-ever federal investment in public safety, and kept thousands of small businesses afloat.”
Sperling’s shift to senior economic adviser to Harris’ policy team was revealed by White House officials under the condition of anonymity according to The Hill.
“Sperling served both Bill Clinton and Barack Obama as director of the White House National Economic Council,” reports Josh Boak from The Hill. “President Joe Biden Biden tasked him with managing his $1.9 trillion pandemic aid package, a role in which Sperling implemented the temporary expansion of the child tax credit.”
“He was also the White House liaison to the union and car companies during the auto strikes.”
This story is developing…
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