Professor Martin Feldstein Appointed to President Obama’s Economic Recovery Advisory Board

Martin Feldstein, the George F. Baker Professor of Economics at Harvard has been appointed to President Obama’s newly created Economic Recovery Advisory Board.

Created through an executive order signed by President Obama on February 6, 2009, the Economic Recovery Advisory Board will offer independent briefings to the President and Vice President on issues related to the economic recovery. It is constituted of fifteen members who have worked extensively in the fields of economics, business, labor, and management and will function independently from the National Economic Council which advises the President on U.S. and global economic policy.

The board will be chaired by Former Federal Reserve chief Paul Volcker and is modeled on the Foreign Intelligence Advisory Board created by President Eisenhower to offer an independent viewpoint on intelligence issues.

Professor Feldstein was formerly the Chairman of the Council of Economic Advisers from 1982 through 1984 and President Reagan's chief economic adviser. He has also served as a member of the President's Foreign Intelligence Advisory Board, appointed by President Bush in 2006.

For more information on the President’s Economic Recovery Advisory Board:

http://blogs.abcnews.com/politicalpunch/2009/02/more-details-on.html

http://www.washingtonpost.com/wp-dyn/content/article/2009/02/06/AR2009020600739.html?hpid=topnews

http://www.whitehouse.gov/blog_post/beyond_the_echo_chamber/