Barack Obama has chosen Christina Romer, a Berkeley economics professor, to lead the Council of Economic Advisers, ABC News reports. The council analyzes economic developments and recommends policy for the president. Obama will announce Romer’s appointment, along with the rest of his economic team, today.
Romer is currently a member of the Business Cycle Dating Committee of the National Bureau of Economic Research, which determines when a recession or economic growth cycle has begun or ended. One of its specialties is how tax cuts can help stimulate the economy.