Jason Furman, deputy director of the National Economic Council, will be appointed to serve as chairman of the White House Council of Economic Advisers, the New York Times reports.
Annie Lowrey writes Furman helped form the stimulus bill and pushed for aid to low-income families.
He also has helped President Barack Obama develop fiscal policies including budgets and a tax package passed this winter, Lowrey reports.
Furman would succeed Alan Krueger if confirmed by the Senate as Krueger plans to return to Princeton University later this year, according to the New York Times.
Lowrey writes Furman previously served as an economist in the Clinton administration and has also spent time at the World Bank.