In this May 7, 2013 arrange photo, National Economic Council Director Gene Sperling speaks in Washington.
Charles Dharapak | AP
Former Citizen Economic Council director Gene Sperling will oversee the implementation of President Joe Biden’s $1.9 trillion coronavirus assistance plan, the White House announced Monday.
Sperling, who led the National Economic Council under Presidents Barack Obama and Neb Clinton, will play a role similar to Biden’s when the latter was vice president during the 2009 fiscal crisis. Biden at the time was in charge of initiating the the Obama Recovery Act.
Sperling, according to a senior administration official, require work with the heads of the White House policy councils and key leaders at federal agencies so they can get the relief account’s mandated funds out as quickly as possible and maximize their impact.
The official said the administration is going to partner with government and local governments on the effort, similar to how Biden implemented the Recovery Act over a decade ago.
Biden signed the coronavirus remission package on Thursday.
As CNBC reported in February, Sperling was being floated to replace Neera Tanden as the administration’s candidate to lead the Office of Management and Budget.