Labor economist Alan Krueger, founding director of the Princeton University Survey Research Center, was nominated Monday by President Barack Obama to be chairman of the Council of Economic Advisers.
If confirmed by the Senate, he will replace Austan Goolsbee, who returned to his teaching position at the University of Chicago earlier this month.
Mr. Krueger, a professor of economics and public affairs at Princeton University since 1987, was assistant secretary for economic policy and chief economist at the U.S. Treasury Department from 2009 to 2010, and chief economist at the U.S. Department of Labor from 1994 to 1995. In between, he was chief economist for the National Council on Economic Education.
Mr. Krueger “brings a wealth of experience to the job. In the first two years of this administration, as we were dealing with the effects of a complex and fast-moving financial crisis — a crisis that threatened a second Great Depression — Alan’s counsel as chief economist at the Treasury Department proved invaluable,” Mr. Obama said Monday from the White House Rose Garden.