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WASHINGTON: US President Barack Obama has chosen Austan Goolsbee, an economics professor currently working in his administration, to chair the Council of Economic Advisors, an official said Thursday.
Goolsbee will serve as the president's top economist in place of Christina Romer, who left last week to return to the academic world, the administration official said on condition of anonymity.
Obama chose Goolsbee at a time when he is trying to convince Americans that his policy prescriptions for moving on from the economic crisis are working, amid stifling unemployment and slower-than-hoped economic growth.
The president will likely refer to the appointment on Friday in a press conference he has called to discuss his efforts to revive the economy, as Democrats fear heavy losses in November's looming elections.
The council is a three-member panel that provides advice based on economic research and analysis to the president on domestic and international issues.
Goolsbee is currently serving as the chief economist on the president's Economic Recovery Advisory Board, which Obama set up to provide outside and independent advice as he navigates the economic recovery.
-AFP/wk
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