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Brian Deese

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Brian Deese
Director of the National Economic Council
In office
January 20, 2021 – February 21, 2023
PresidentJoe Biden
Preceded byLarry Kudlow
Succeeded byLael Brainard
Senior Advisor to the President
In office
February 23, 2015 – January 20, 2017
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 byRussell Vought
Personal details
Born
Brian Christopher Deese

(1978-02-17) February 17, 1978 (age 46)
Belmont, Massachusetts, U.S.
Political partyDemocratic
Spouse
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 was the 13th director of the National Economic Council, serving under President Joe Biden.[1]

He previously 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, and later director, of the National Economic Council.[3] Deese was the Global Head of Sustainable Investing at BlackRock.

Early life and education

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Deese was born in Belmont, Massachusetts. He earned a Bachelor of Arts degree in political science 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.[4]

Career

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Deese worked as a junior fellow at the Carnegie Endowment for International Peace and as a research assistant at the Center for Global Development,[5] 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.[6]

Clinton and Obama 2008 presidential campaigns

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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.[7]

Following the 2008 presidential election, he served as a member of the Economic Policy Working Group for the presidential transition.[8]

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.

Obama administration

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National Economic Council

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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.[9]

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".[10]

Office of Management and Budget

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Deese was named deputy director of the Office of Management and Budget in the summer of 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

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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.[11][12] In this position, Deese played an influential role in negotiating the Paris Climate Agreement in December 2015[13] working to secure climate agreements with China,[14] India,[15] Brazil,[16] and other countries. Deese also chaired the Major Economies Forum on Energy and Climate in 2015 and 2016.[17] Deese spearheaded the administration's effort to ratify the Paris Agreement[18] and to reach a global agreement to phase down hydrofluorocarbons (HFCs) through the Kigali Amendment to the Montreal Protocol.[19] Deese also oversaw the Obama administration's efforts to protect more land and water than any previous president, including the largest protected marine monument in the world.[20] In November that year, President Obama explained that Deese "engineered the Paris Agreement, the [Hydrofluorocarbons] Agreement, the Aviation Agreement, [and] may have helped save the planet."[21]

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.[22][23] 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.[24]

BlackRock

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As Global Head of Sustainable Investing from October 2017 until December 2020, Deese led BlackRock's Sustainable Investing Team which "is focused on identifying drivers of long-term return associated with environmental, social and governance issues."[25] In an interview with The Weather Channel, Deese was asked about BlackRock's "heavy investments" in the fossil fuel industry.[26] 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."[26]

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.[27][28]

Biden administration

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On December 3, 2020, President-elect Biden appointed Deese as Assistant to the President and Director of the National Economic Council.[29] In this role, Deese coordinates international and domestic economic policy for the administration. Deese has been a principal architect of the Biden economic agenda, including the American Rescue Plan, the Bipartisan Infrastructure Law, the CHIPS and Science Act, and the Inflation Reduction Act.

At the NEC, Deese was the first and last person Biden consulted on economic issues and was a driving force behind the President's domestic policy legacy. According to Biden, "Brian has a unique ability to translate complex policy challenges into concrete actions that improve the lives of American people." Deese is also credited with assembling the most diverse staff in terms of race and gender in the council's history.[30]

Deese served as a central figure in congressional negotiations leading up to the passage of the Bipartisan Infrastructure Law. Between the spring and fall of 2021, Brian Deese, Steve Ricchetti, and Louisa Terrell were frequent visitors to Capitol Hill, brokering policy conversations and building a coalition of support among Senate Democrats and Republicans.[31]

In April 2022, Deese laid out the case behind the administration's pursuit of a modern industrial strategy, stating: “The question should move from ‘why should we pursue an industrial strategy?’ to ‘how do we pursue one successfully?’”[32] In October 2022, Deese described a modern American industrial strategy as "the best antidote to [the] risk of lower productivity and lower economic capacity in the years ahead," citing the need for strategic, long-term investments in high-return sectors, where public capital helps reduce price pressures, taps into growing global demand, and increases the country's export competitiveness.[33] Deese worked closely with Secretary Gina Raimondo to design and advocate for the CHIPS and Science Act, viewing it as an essential component to the President's industrial strategy. Upon passage, Deese was directed by President Biden to co-chair the new law's 16-member implementation council.

Deese also served as President Biden's primary policy negotiator for key climate, health, and tax reform measures passed in the Inflation Reduction Act.[34] Deese was particularly involved in landing the clean energy and climate provisions, visiting West Virginia with Senator Manchin in March 2022.[35] After going zip-lining with the senator near the New River Gorge, Deese took to Twitter to extoll the state. "Coal and energy communities helped make America what it is, the strongest economy in the world and the global leader of democracy," Deese wrote. "Nobody should forget that, and President Biden certainly doesn't." Deese later participated in the final bill negotiations, conducted in secret, between Senators Manchin and Schumer in July 2022. Environmentalist Fred Krupp described Deese as "indispensable in crafting and negotiating the most important climate law in U.S. history."[36] Beyond IRA passage, Deese developed a reputation for weaving climate action into the fabric of White House economic policymaking.

As NEC director, Deese prioritized competition policy as a way to counter decades of growing corporate concentration in the economy. He pushed to establish the first-ever White House Competition Council, which he chairs, and has spoken publicly on the need to increase entrepreneurship and reduce barriers to entry in key U.S. industries.[37]

In February 2023, it was announced that Deese would be leaving his position.[38] Vice Chair of the Federal Reserve Lael Brainard was selected as his replacement.[39]

Massachusetts Institute of Technology

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In July 2023, Deese was appointed the Institute Innovation Fellow[40] at MIT. Deese's role as Fellow includes research and development of strategies to address climate change and promote sustainable economic growth. His extensive experience in government policy will provide practical insights into academic research. MIT anticipates his arrival will foster a productive nexus between policy-making and technological innovation, vital for addressing the global climate crisis. Deese's tenure commenced in the summer of 2023.

References

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  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. Archived from the original on December 15, 2021. 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. ^ a b "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. ^ "Biography: Brian Deese". PetersonInstitute.org. Archived from the original on July 21, 2011. Retrieved July 7, 2011.
  6. ^ Deese, Brian (September 13, 2004). "That Rosy Unemployment Rate". AmericanProgress.org. Archived from the original on March 3, 2018. Retrieved July 7, 2011.
  7. ^ 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.
  8. ^ "Policy Working Groups". Change.gov. Archived from the original on July 19, 2011. Retrieved July 7, 2011.
  9. ^ 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.
  10. ^ 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. {{cite magazine}}: |last= has generic name (help)
  11. ^ 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.
  12. ^ "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.
  13. ^ "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.
  14. ^ Davenport, Coral (September 15, 2015). "U.S. and Chinese Climate Change Negotiators to Meet in Los Angeles". The New York Times. ISSN 0362-4331. Retrieved October 27, 2022.
  15. ^ Davenport, Coral; Davis, Julie Hirschfeld (April 9, 2015). "Obama Adviser During Recession Is Given New Challenge: Climate Change". The New York Times.
  16. ^ "U.S., China and Brazil Commit to New Climate Change Goals". Time. Retrieved October 27, 2022.
  17. ^ Chair’s Summary Meeting of the Major Economies Forum September 22–23, 2016. https://legacy-assets.eenews.net/open_files/assets/2016/10/18/document_cw_01.pdf
  18. ^ "US, China ratify Paris climate agreement". CNBC. September 3, 2016. Retrieved October 27, 2022.
  19. ^ "Statement from the Press Secretary on Senior Advisor Brian Deese's Travel to China". whitehouse.gov. August 23, 2016. Retrieved October 27, 2022.
  20. ^ Deese, Brian (September 2, 2016). "What President Obama's Trip Ahead Means for Conservation and Combating Climate Change". Medium. Retrieved October 27, 2022.
  21. ^ Wenner, Jann S. (November 29, 2016). "The Day After: Obama on His Legacy, Trump's Win and the Path Forward". Rolling Stone. Retrieved March 27, 2023.
  22. ^ 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.
  23. ^ "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.
  24. ^ "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.
  25. ^ "Brian Deese Biography". BlackRock. Archived from the original on October 17, 2020. Retrieved May 5, 2020.
  26. ^ 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.
  27. ^ "Obama-era officials return to White House under Biden after getting very rich in the interim". Independent.co.uk. March 21, 2021.
  28. ^ 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.
  29. ^ Introducing Brian Deese as Director of the National Economic Council, retrieved November 14, 2022
  30. ^ Tankersley, Jim (February 2, 2023). "Deese, Top Economic Aide to Biden, Will Step Down This Month". The New York Times. ISSN 0362-4331. Retrieved February 13, 2023.
  31. ^ Min Kim, Seung (August 1, 2021). "The quiet Biden-GOP talks behind the infrastructure deal". The Washington Post.
  32. ^ "Remarks on a Modern American Industrial Strategy By NEC Director Brian Deese". The White House. April 20, 2022. Retrieved January 16, 2023.
  33. ^ "Remarks on Executing a Modern American Industrial Strategy by NEC Director Brian Deese". The White House. October 13, 2022. Retrieved June 25, 2023.
  34. ^ Mattingly, Phil (September 13, 2022). "'Keep talking': How a simple philosophy helped lead to a White House celebration | CNN Politics". CNN. Retrieved December 23, 2022.
  35. ^ "In West Virginia, the clean-energy transition rests on Joe Manchin". Washington Post. ISSN 0190-8286. Retrieved March 13, 2023.
  36. ^ "Top White House Aide Brian Deese "Indispensable" in Historic Climate Action". Environmental Defense Fund. Retrieved March 13, 2023.
  37. ^ "Readout of the Inaugural Meeting of the White House Competition Council". The White House. September 10, 2021. Retrieved November 14, 2022.
  38. ^ Concepcion, Summer (February 2, 2023). "Brian Deese, top economic adviser to Biden, to resign". NBC News. Retrieved February 14, 2023.
  39. ^ "Biden announces reshaped economic team, naming 2 new top advisers". CBS. February 14, 2023. Retrieved February 14, 2023.
  40. ^ "MIT welcomes Brian Deese as its next Institute Innovation Fellow". MIT News | Massachusetts Institute of Technology. July 11, 2023.
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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
Served alongside: Valerie Jarrett, Shailagh Murray 		Succeeded by
Preceded by Director of the National Economic Council
2021–2023 		Succeeded by
Retrieved from "https://en.wikipedia.org/w/index.php?title=Brian_Deese&oldid=1257872571"