Brian Deese

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Brian Deese
Brian Deese official portrait.jpg
13th Director of the National Economic Council
Assumed office
January 20, 2021
PresidentJoe Biden
DeputyDavid Kamin
Bharat Ramamurti
Sameera Fazili
Preceded byLarry Kudlow
Senior Advisor to the President
In office
February 23, 2015 – January 20, 2017
Serving with Shailagh Murray
PresidentBarack Obama
Preceded byPete Rouse
Succeeded byJared Kushner
Stephen Miller
Director of the Office of Management and Budget
Acting
In office
June 9, 2014 – July 28, 2014
PresidentBarack Obama
Preceded bySylvia Mathews Burwell
Succeeded byShaun Donovan
Deputy Director of the Office of Management and Budget
In office
June 27, 2013 – February 13, 2015
PresidentBarack Obama
Preceded byHeather Higginbottom
Succeeded byRobert Gordon
Personal details
Born
Brian Christopher Deese

(1978-02-17) February 17, 1978 (age 43)
Belmont, Massachusetts, U.S.
Political partyDemocratic
Spouse(s)
Kara Arsenault
(m. 2017)
EducationMiddlebury College (BA)
Yale University (JD)

Brian Christopher Deese (born February 17, 1978) is an American economic and political advisor who is the 13th Director of the National Economic Council, serving under President Joe Biden.[1] He also served as a senior advisor to President Barack Obama.[2] Earlier in the Obama administration, Deese served as the deputy director and acting director of the Office of Management and Budget. Deese also served as deputy director of the National Economic Council.[3] Deese served as the Global Head of Sustainable Investing at BlackRock.

Early life and education[edit]

Deese was born in Belmont, Massachusetts. He earned a Bachelor of Arts degree in international politics and economics from Middlebury College in 2000 and a Juris Doctor from Yale Law School in 2009.[4] In 2002, Deese was named a finalist for the Rhodes Scholarship, though he was not ultimately selected. [5]

Career[edit]

Deese worked as a junior fellow at the Carnegie Endowment for International Peace and as a research assistant at the Center for Global Development,[6] hired by founder Nancy Birdsall, according to The New York Times, where he co-authored the book Delivering on Debt Relief. Later he worked as a senior policy analyst for economic policy at the Center for American Progress, under Gene Sperling.[7]

Clinton and Obama 2008 presidential campaigns[edit]

After the Center for American Progress, Deese joined Hillary Clinton's presidential campaign as her economic policy director. After Clinton was defeated in the primaries, Deese went to work as an economic advisor to the Barack Obama 2008 presidential campaign.[8]

Following the 2008 presidential election, he served as a member of the Economic Policy Working Group for the presidential transition.[9]

In the James S. Brady Press Briefing Room of the White House, National Economic Council Director Brian Deese participates in a briefing Friday, January 22, 2021.

National Economic Council[edit]

At the start of the Obama presidency, Deese was appointed as a special assistant to the president for economic policy, serving in the National Economic Council (NEC). According to The New York Times, he emerged as "one of the most influential voices" on the auto industry, and specifically the Chrysler and GM bailout. Deese argued against the government letting Chrysler liquidate based on a concern around the impact on industrial communities across the mid-west.[10]

In 2011, Deese was named deputy director of the NEC. In this role, he coordinated policy development for the White House on taxes, financial regulation, housing, clean energy, manufacturing, and the automotive industry. According to The New Republic, he was among Washington's "most powerful, least famous people".[11]

Office of Management and Budget[edit]

Deese was named deputy director of the Office of Management and Budget in summer 2013. He briefly served as the acting director in summer 2014, between the departure of Sylvia Mathews Burwell and the appointment of Shaun Donovan.[citation needed]

Senior Advisor to the President[edit]

Following the departure of John Podesta, Deese took over his brief on climate and energy. Unlike Podesta, who served as Counselor to the President, Deese was promoted to the position of Senior Advisor to the President.[12][13] In this position, Deese played an influential role in negotiating the Paris Climate Agreement in December 2015.[14] Along with Katie Beirne Fallon, Deese helped to negotiate the 2015 Bipartisan Budget Act, which replaced the budget sequestration and increased federal spending by $80 billion over two years.[15][16] In February 2016, the President tapped Deese to oversee the Supreme Court nomination process, which led to the President's nomination of Chief Judge Merrick Garland to the Supreme Court on March 16, 2016.[17]

BlackRock[edit]

As Global Head of Sustainable Investing[when?], Deese led BlackRock's Sustainable Investing Team which "is focused on identifying drivers of long-term return associated with environmental, social and governance issues."[18] In an interview with The Weather Channel, Deese was asked about BlackRock's "heavy investments" in the fossil fuel industry.[19] Deese said that BlackRock's role is to provide clients with "more choices and more options" in investments and "this is not just about excluding entire industries or entire classes of companies, but it’s also about getting to understand, again, which of these companies is better positioned for the transition."[19]

During this time his salary was at least $2.3 million, with the possibility that through BlackRock’s restricted stock plan, Deese could have made an additional $2.4 million.[20][21]

References[edit]

  1. ^ Joe Biden (December 3, 2020). "Deese to be Biden's top White House economic adviser - Introducing Brian Deese as Director of the National Economic Council". Politico. Retrieved November 29, 2020 – via YouTube.
  2. ^ "Brian Deese". Rocky Mountain Institute. Archived from the original on December 19, 2018. Retrieved December 18, 2018.
  3. ^ "Brian Deese". Washington Post politics. Archived from the original on December 19, 2018. Retrieved December 18, 2018.
  4. ^ "Middlebury College National Fellowship & Scholarship Competition Results". Archived from the original on August 12, 2006. 2002 Nominees: Claire Bowen '02 (American Literature), Brian Deese '00 (Political Science) ... 2002 Finalists: Claire Bowen, Brian Deese
  5. ^ "Middlebury College National Fellowship & Scholarship Competition Results". Archived from the original on August 12, 2006. 2002 Nominees: Claire Bowen '02 (American Literature), Brian Deese '00 (Political Science) ... 2002 Finalists: Claire Bowen, Brian Deese
  6. ^ "Biography: Brian Deese". PetersonInstitute.org. Archived from the original on July 21, 2011. Retrieved July 7, 2011.
  7. ^ Deese, Brian (September 13, 2004). "That Rosy Unemployment Rate". AmericanProgress.org. Archived from the original on March 3, 2018. Retrieved July 7, 2011.
  8. ^ Block, Sandra (October 18, 2008). "McCain vs. Obama: The story on taxes". USA Today. Archived from the original on December 5, 2010. Retrieved July 7, 2011.
  9. ^ "Policy Working Groups". Change.gov. Archived from the original on July 19, 2011. Retrieved July 7, 2011.
  10. ^ Rattner, Steven (2011). Overhaul: An Insider's Account of the Obama Administration's Emergency Rescue of the Auto Industry. Mariner Books. p. 122. ISBN 978-0547577425.
  11. ^ The Editors (November 3, 2011). "Washington's Most Powerful, Least Famous People". The New Republic. Archived from the original on December 15, 2019. Retrieved October 25, 2011.
  12. ^ Dovere, Edward-Isaac (January 21, 2015). "Brian Deese to succeed John Podesta". Politico. Archived from the original on February 16, 2015. Retrieved February 16, 2015.
  13. ^ "Senior Advisor Brian Deese". whitehouse.gov. Archived from the original on July 14, 2019. Retrieved March 2, 2015 – via National Archives. Brian Deese is currently serving as Assistant to the President & Senior Advisor. His duties include overseeing climate, conservation and energy policy and advising the President on a range of domestic and international policy issues.
  14. ^ "Statement by the President on the Paris Climate Agreement". whitehouse.gov. December 12, 2015. Archived from the original on January 21, 2017. Retrieved July 23, 2016 – via National Archives.
  15. ^ Herszenhorn, David M. (October 27, 2015). "A Budget Deal Promising Peace Is Rooted in Modest Goals". The New York Times. ISSN 0362-4331. Archived from the original on November 2, 2015. Retrieved July 23, 2016.
  16. ^ "Remarks by the President at Signing of the Budget Act of 2015". whitehouse.gov. November 2, 2015. Archived from the original on February 16, 2017. Retrieved July 23, 2016 – via National Archives.
  17. ^ "Obama taps senior adviser Brian Deese to run Supreme Court nomination process". Washington Post. Archived from the original on August 22, 2016. Retrieved July 23, 2016.
  18. ^ "Brian Deese Biography". BlackRock. BlackRock. Archived from the original on October 17, 2020. Retrieved May 5, 2020.
  19. ^ a b "Climate Corner Office: BlackRock's Brian Deese Talks Sustainable Investing with Neil Katz". YouTube. The Weather Channel. Archived from the original on August 8, 2020. Retrieved May 5, 2020.
  20. ^ [1]
  21. ^ Schwartz, Brian (March 20, 2021). "Biden's closest advisors have ties to big business and Wall Street with some making millions". CNBC. Retrieved March 27, 2021.

External links[edit]

Political offices
Preceded by Deputy Director of the Office of Management and Budget
2013–2015
Succeeded by
Preceded by Director of the Office of Management and Budget
Acting

2014
Succeeded by
Preceded by Senior Advisor to the President
2015–2017
With: Valerie Jarrett
Shailagh Murray
Succeeded by